Samsung Planning $17 Billion Chip-Making Plant in US
Samsung Planning $17 Billion Chip-Making Plant in US The South Korean company is considering Austin, Texas as a possible location. By Reuters | Updated: 6 February 2021 13:53 IST The tech giant is seeking combined tax abatements of $805.5 million over 20 years Highlights The plant will become operational in the third quarter of 2023 Samsung is looking at alternative sites in Arizona and New York Samsung Electronics is considering Austin, Texas, as one of the sites for a new $17 billion chip plant that the South Korean firm said could create 1,800 jobs, accord...