GBT Technologies Inc (GTCH): Samsung, the world's No.2 contract c...

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GBT Technologies Inc (GTCH)

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Tuesday, 05/16/2023 9:19:09 AM

Tuesday, May 16, 2023 9:19:09 AM

Samsung, the world's No.2 contract chip manufacturer, announced its Taylor, Texas, plant in 2021. It aims to make advanced chips for functions such as artificial intelligence, 5G and mobile phones, and promises to create 2,000 high-tech jobs. Unlike some of its rivals, Samsung has already broken ground.

One of the sources told Reuters the company is rushing to finish the plant by 2024 so that it is producing chips by 2025, which would put the company ahead of a 2026 deadline to secure investment tax credits on tools for the factory.

Two of the sources said Samsung had already spent as much as half of the $17 billion initially projected for the Taylor site and noted that the company might eventually opt to build additional factories.

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Recent GTCH News

Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/20/2024 08:06:02 PM
Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 05/14/2024 08:10:05 PM
Form 8-K - Current report • Edgar (US Regulatory) • 12/19/2023 09:32:06 PM
Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/20/2023 09:16:00 PM
Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 11/15/2023 09:07:06 PM
Form 8-K - Current report • Edgar (US Regulatory) • 11/07/2023 09:07:18 PM
Form 8-K - Current report • Edgar (US Regulatory) • 11/06/2023 09:06:41 PM
Form 8-K - Current report • Edgar (US Regulatory) • 10/17/2023 08:06:01 PM
Form 8-K - Current report • Edgar (US Regulatory) • 08/28/2023 10:04:19 AM
Form DEF 14C - Other definitive information statements • Edgar (US Regulatory) • 08/23/2023 10:01:08 AM
Form 8-K - Current report • Edgar (US Regulatory) • 08/21/2023 12:00:57 PM
Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/17/2023 10:15:52 AM
Form 8-K - Current report • Edgar (US Regulatory) • 08/16/2023 11:19:14 AM
Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 08/15/2023 08:05:43 PM
Form 8-K - Current report • Edgar (US Regulatory) • 08/11/2023 08:05:52 PM
Form PRE 14C - Other preliminary information statements • Edgar (US Regulatory) • 07/28/2023 08:05:37 PM
Form 8-K - Current report • Edgar (US Regulatory) • 07/21/2023 08:05:43 PM

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