In Line with Trump's Policy to Revitalize Domestic Manufacturing
An employee is observing the wafer transfer process at the Texas Instruments (TI) semiconductor factory located in Sherman, Texas. TI website
As former U.S. President Donald Trump pushes forward with tariff policies aimed at revitalizing domestic manufacturing, American semiconductor company Texas Instruments (TI) has announced an investment plan in the United States worth approximately 80 trillion won.
On its website, TI stated that it will spend more than $60 billion (about 82 trillion won) to build and expand seven semiconductor manufacturing facilities across three locations in Texas and Utah.
TI said this investment will create 60,000 jobs, describing it as "the largest investment in foundational semiconductor manufacturing in U.S. history," specifically referring to semiconductors used in everyday consumer electronics.
Previously, during the administration of former President Joe Biden, TI invested more than $18 billion (about 24 trillion won) in December of last year to build three semiconductor manufacturing facilities in Texas and Utah, and secured $1.61 billion (about 2 trillion won) in subsidies under the CHIPS Act.
In a press release, TI CEO Haviv Ilan stated, "TI is building reliable and economically efficient 300mm production facilities to supply the analog and embedded chips needed for most electronic systems at scale."
Meanwhile, TI is also strengthening its collaboration with American companies such as Apple, Ford, Medtronic, Nvidia, and SpaceX.
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