Samsung and Tesla are coming one after another! The governor of Texas announces a grand plan to create a "hometown of semiconductors"

Texas Governor Greg Abbott (Greg Abbott) on Sunday announced an ambitious vision that chip shortages are affecting companies around the world and that the state will become "the stronghold of the semiconductor manufacturing industry of the future".

In an interview with the media, the Republican governor said, "in the past 10 or 20 years, the United States has made the mistake of outsourcing the production of all these basic supplies, whether it is semiconductors, which are now in short supply. Or the medical supplies we desperately needed during the novel coronavirus epidemic. In any case, we should not rely on other countries to meet our basic needs, such as semiconductors. "

"that's why Texas is actually taking the lead-becoming the home of semiconductors," he adds. Semiconductors are indispensable to everything people use in daily life, not just the iPhone, laptop or other things around you, but also widely installed in vehicles that are in production. "

Since the beginning of this year, the shortage of chips has always affected the production process of the automobile industry. General Motors has recently said it will reduce the production of some trucks in North America because of global chip shortages, while Ford has cut production at a number of factories.

Samsung and Tesla came one after another.

At the end of last month, Abbott and Samsung (Samsung Electronics Co.) The South Korean technology giant has jointly announced that it will build a $17 billion semiconductor factory in (Taylor), Taylor, Texas. Abbott boasted at a news conference that it was "the largest foreign direct investment in the history of Texas".

Kinam Kim, vice president and CEO of Samsung Electronics device Solutions, estimates that if the Taylor plant is fully operational, it is expected to directly create more than 2000 high-tech jobs and thousands of related jobs. Taylor's chip manufacturing plant will also be Samsung's largest investment in the United States, indicating that the company's "total investment in the United States is expected to exceed $47 billion since it began operating in the United States in 1978," Samsung said in a press release. "

In addition to Samsung's factory, Tesla recently officially announced that he would move his headquarters in California to a new super factory in Austin, Texas. Tesla disclosed the news in a recent filing with the US securities regulator.

At a shareholder meeting in October, Tesla CEO Musk first revealed plans to move Tesla's headquarters out of California, a year after he clashed with the California government over novel coronavirus's epidemic prevention regulations. Musk once said in the early stages of the pandemic that the control of the epidemic in California was too strict, making it difficult for Tesla to resume production. In addition, Musk has said that the company's original plant in Fremont, Calif., has reached the limits of expansion, while the new super factory in Texas offers more growth opportunities.

On average, one company headquarters "settled" every five days.

Abbott pointed out in the latest interview that "in the first 11 months of 2021, 70 companies and companies have moved their headquarters to Texas."

"on average, this means that every five days there will be a new headquarters in Texas," Abbott continued, pointing out that Tesla is one of these companies.

In response to Samsung's investment in Taylor City to build a plant, Abbott pointed out, "this is another move after Texas Instruments announced an investment of US $30 billion to expand semiconductor production capacity." These semiconductors will contribute to the supply chain process. "

Abbott said Texas's economy was experiencing "growth and prosperity". "companies are moving to Texas because Texas is a land of economic opportunities and innovation," he stressed. Part of the reason so many companies have moved to Texas is that there are no injunctions that infringe upon individual freedoms.

He also pointed out that "Texas has been very active in legally challenging the compulsory epidemic prevention regulations made by the Biden administration on COVID-19." Whether it was required to be vaccinated or to wear masks, we won in court. The only authorization that applies is my executive order that no one in Texas can be forcibly vaccinated. "

"novel coronavirus vaccine can be provided to anyone who wants it, but there can be no mandatory regulations that infringe upon individual freedom," he stressed. "