Samsung invests $17 billion in Texas chip plant to curb supply chain issues

Texas 11/24/21, 16:11

Texas will receive its largest-ever foreign direct investment from Samsung, as the South Korean electronics giant builds a $17 billion semiconductor factory in the Lone Star State. Gov. Greg Abbott's (R) office announced Samsung will build a new semiconductor manufacturing facility in Taylor, lifting the multinational's total investment in Texas to ...

US construction spending flat in September

Business 11/01/18, 10:18

Spending on U.S. construction projects was essentially unchanged in September, the weakest showing since June, as an increase in home construction was offset by a slide in spending on government projects. The Commerce Department said Thursday that the flat reading for September followed a 0.8 percent rise in August. The strength last ...

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