News US sweetens Samsung’s giant Texas chip plant with $6.4bn The US government has awarded Samsung $6.4bn to build extra chip fabrication facilities at the giant factory the Korean company is already building in Taylor, near Austin, Texas. In exchange,…
News Samsung and NuScale pledge to build a small reactor in Romania Korean contractor Samsung C&T has teamed up with US company NuScale to develop a small modular reactor (SMR) in Romania, business website Pulse reports. The two will work with Texas…
News Samsung reveals plan to invest $230bn in Seoul chip factories over next 20 years Samsung Electronics has revealed plans to invest $230bn over the 20 years to develop the world’s largest silicon chip fabrication industry. The company, which is the world’s largest maker of…
News Samsung plans modular building plant in Saudi Arabia Korean contractor Samsung C&T this week signed a memorandum of understanding with Saudi Arabia’s sovereign wealth fund to build a factory making modular building elements in the kingdom. Samsung’s agreement…
News Samsung teams up with Latvian firm to develop factories making modular building parts South Korea’s Samsung C&T has partnered with Latvian manufacturer Forta Pro to develop factories making prefabricated building parts. Forta Pro has two factories employing 400 people in the cities of…