India, April 19 -- Following market rumors that Samsung may slow down its U.S. investment and further delay the timetable for its Taylor plant to 2027, a latest report from KXAN suggests that Samsung pushed back, claiming it still aims to start operations by the end of 2026.

According to South Korean media outlet The Elec, when Samsung's Taylor investment was announced in late 2021, production was set for 2024-but the timeline has been pushed back multiple times since. Citing weak customer demand, the outlet adds that Samsung has reportedly cut its on-site workforce to a quarter of its original size, fueling talk of further delays.

However, in a statement to KXAN, Samsung reportedly called the claims inaccurate, saying that it is still ...