Samsung Reopens Texas Plant After Winter Storm Shutdown

Share post:

Samsung has resumed operations at its semiconductor plant in Austin, Texas, after power outages caused by a severe winter shut it down for more than a month.

At the end of February, the power supply was restored and Samsung has been working to normalize operations ever since. The plant produces various logic chips and controllers for solid state drives.

The technology giant did not disclose how much it has lost in sales and products as a result of the plant’s closure. According to Samsung’s regulatory filings in South Korea, the Austin plant recorded sales of 3.91 trillion won for 2020.

In related news, Samsung announced last week that it had been selected to deliver its 5G solutions to NTT Docomo, Japan’s largest telecommunications provider.

For more information see the original story from ZDnet.

SUBSCRIBE NOW

Related articles

Spotify CEO confesses to “rough times after layoffs” – stock price rises

In December, Spotify CEO Daniel Ek announced the largest round of layoffs in the company's history, cutting 1,500...

Zuckerberg shares his vision with investors and Meta stock tanks

In an era where instant gratification is often the norm, Meta CEO Mark Zuckerberg’s strategic pivot towards long-term,...

Apple reduces forecasts for Vision Pro as demand cools in key US market

In an unexpected shift, Apple has drastically reduced its shipment forecasts for the upcoming Vision Pro, indicating a...

Google Play introduces new biometric verification with a user warning

Google has recently announced updates to the biometric verification process for Google Play purchases, aiming to bolster security...

Become a member

New, Relevant Tech Stories. Our article selection is done by industry professionals. Our writers summarize them to give you the key takeaways