Samsung May Build 10 Semiconductor Plants in Texas

URLhttps://www.industryweek.com/supply-chain/article/
SourceIndustry Week
Date Published07/21/2022
Author NameRobert Schoenberger
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Samsung
Parent companySamsung
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
What product(s) and/or service(s) were outsourced domestically?Manufacturing
Year reshoring announced:2022
Capital investment ($):17000
Country(ies) from which reshored:Korea, Republic of
City reshored to:Austin
State(s) reshored to:TX
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredmicrochips
What domestic positive factors made reshoring more attractive?Government Incentives, Skilled workforce availability/training, Under-utilized capacity
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