opportunities
Dallas Texas Businessman Steven Brewer is gearing up his company for the anticipated expansion of semiconductor manufacturing in his home state of Texas.
“What an exciting opportunity for us to contribute to a worldwide chip shortage. Typically these types of opportunities can be found only overseas. We have recently signed a multimillion dollar deal with TSMC in Arizona for construction and workforce sourcing. We would be delighted to serve in a similar capacity right here in the great state of Texas”, Mr. Steven Brewer said.
Texas will be ‘home of semiconductor manufacturing’ amid chip shortage: Gov. Abbott The Republican governor says Texas’ economy is ‘growing and thriving’
Texas Gov. Greg Abbott discusses the impact of companies moving their headquarters to the state, the rise of the omicron variant and the migrant surge.
Texas Gov Greg Abbott declared Sunday that his state “will be the home of semiconductor manufacturing going forward” as the chip shortage has been affecting companies around the globe.
“The country made a mistake over the past one or two decades to farm out manufacturing of all these essential supplies, whether it be now semiconductors or could be health care supplies that we needed during the time of COVID, whatever the case may be, we need to not depend upon China or other countries for our essential needs, for things like semiconductors,” the Republican governor argued during an exclusive interview on “Sunday Morning Futures.”
“That is exactly why Texas actually is leading the way, becoming the home for semiconductors that go into everything that people use,” he added.
“It’s not just your iPhone or your laptop or whatever the case may be,” he went on to say “It’s also in all of these vehicles where you have manufacturing going on.”
As Found Here had stated on Sunday, the semiconductor chip shortage was sparked by some regulations implemented – and decisions made – during the COVID-19 pandemic.
The shortage affected the auto sector heavily throughout the year. General Motors announced that it had to reduce some truck production in North America due to the global chip shortage. Ford has also pulled back production at several factories.
Abbott and Samsung Electronics Co. announced late last month that the South Korean tech behemoth will build a $17 billion semiconductor factory in Taylor, Texas.
Texas Gov Greg Abbott on how his state could improve the country’s supply chain.
The governor touted the move during a news conference as “the largest foreign direct investment in the state of Texas ever.”
Samsung Electronics Device Solutions Division Vice Chairman and CEO Dr
Kinam Kim said Samsung expects to create more than 2,000 high-tech jobs directly with the plant in Taylor and thousands more related to the plant once it is fully operational.
The chip-making factory coming to Taylor will also be the largest investment made by Samsung in the U.S., the company said in a news release, bringing the firm’s “total investment in the U.S. to more than $47 billion.