(TargetLiberty.org) – Texas could become a new hub for semiconductor manufacturing under ambitious plans revealed by the state’s governor. Right now, industries around the world are suffering from shortages of vital computer chips – and Texas could play a future role in solving the problem.
Just this year, over 70 businesses & corporations have relocated their headquarters to Texas.
That's a new HQ in Texas every five days.
The Lone Star State is thriving because we are the land of economic opportunity & innovation. pic.twitter.com/KzYOgZPghe
— Greg Abbott (@GregAbbott_TX) December 6, 2021
In a December 6 interview, Governor Greg Abbott (R) said the US made a mistake when it allowed essential manufacturing to move abroad. He warned, “we need to not depend on China or other countries,” for things like semiconductors. The consequences of that mistake are obvious; global supply chain issues are leaving manufacturers short of chips, pharmaceutical ingredients and many other vital supplies.
This isn’t the first time Abbott has mentioned semiconductors; in October, he announced a bid for Texas to house the future National Semiconductor Technology Center. Then, in late November, Korean technology giant Samsung announced it planned to invest $17 billion building a semiconductor plant in Taylor, TX – the biggest foreign investment in the state’s history.
Abbott says Samsung chose Texas because of the state’s “world-class business climate and exceptional workforce,” and he hopes those qualities plus the gravitational pull of companies like Samsung will attract more semiconductor makers. If he’s right – and tech companies like Tesla are abandoning California to move to the Lone Star State – chip manufacturing will create thousands of well-paid jobs in Texas and free the US from reliance on countries like China.
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