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WSJ Tech News Briefing

TNB Tech Minute: South Korean Chip Maker Plans Facility in Indiana

WSJ Tech News Briefing

The Wall Street Journal

News, Tech News

4.61.6K Ratings

🗓️ 26 March 2024

⏱️ 2 minutes

🧾️ Download transcript

Summary

Plus: Amazon expands its same-day pharmacy services to New York and Los Angeles. And Tesla is promoting its advanced driver-assistance technology. Alex Ossola hosts. Listening on Google Podcasts? Here's our guide for switching to a different podcast player. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

OCI is the single platform for your infrastructure, database, application development, and AI needs.

0:07.0

Do more and spend less like Uber 8 by 8 and DataBrix Mosaic.

0:12.0

Take a free test drive of OCI at Oracle.com

0:15.5

slash Wall Street.

0:18.8

Here's your TMB Tech Minute for Tuesday, March 26th.

0:22.4

I'm Alex Oscela for the Wall Street Journal.

0:25.0

We exclusively report that SK Hynix, a South Korean chipmaker,

0:29.0

plans to invest roughly $4 billion to build an advanced chip packaging facility in West Lafayette, Indiana.

0:35.0

That's according to people familiar with the matter.

0:38.0

The facility is expected to create between 800 and 1,000 new jobs, the people said. A mix of state and federal tax incentives and

0:45.3

other forms of support are expected to be made available to help finance the project, the people

0:49.6

said. Operations could begin in 2028.

0:53.0

Amazon is expanding its same-day pharmacy delivery services to New York and Los Angeles.

0:59.0

The company already has same-day pharmacy delivery in Indianapolis, Miami, Phoenix, Seattle, and Austin, and

1:05.2

plans to offer it in more than a dozen cities by the end of the year.

1:09.0

Customers have been slow to move to online services from traditional prescription pickup at in-store pharmacies.

1:14.1

The company faces competition and other barriers as it seeks to build out its health care goals.

1:20.0

And Tesla is seeking to expand use of its advanced driver assistance technology called

1:24.3

full self-driving capability. The full self-driving feature costs $12,000 up front or $199 a month

1:31.3

as a subscription service. It includes features that can navigate cars through

1:34.9

city streets. Tesla CEO Elon Musk is pushing Tesla's driver assistance technology

1:40.4

at a time of intense regulatory and legal scrutiny of how it develops and markets these systems.

...

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