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Samsung, NXP chip fabs remain shutdown in Austin; What's the impact?

Samsung, NXP chip fabs remain shutdown in Austin; What's the impact?
bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.

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Samsung seeks $1 billion in tax breaks to build new $17 billion chip plant in Austin

Samsung seeks $1 billion in tax breaks to build new $17 billion chip plant in Austin
The facility would create 1,800 new jobs with an initial average annual wage of $66,254.
Samsung s existing facility in Austin.
By Tribune News Service
Samsung is seeking a taxpayer-subsidized incentives package worth more than $1 billion to choose Austin for its next big facility a 7 million square-feet next-generation chip fabrication plant that would be valued at more than $17 billion and create 1,800 jobs, according to documents filed with the state.
Documents made public by the Texas Comptroller’s office on Thursday show that Samsung is seeking tax abatements from Travis County, the city of Austin and the Manor school district. Samsung is also seeking an incentive deal from the state’s Texas Enterprise Fund, according to the documents. ....

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Samsung Asks ITC To Block Ericsson 5G Imports

Samsung Electronics Co. Ltd. has fired the latest salvo in an escalating patent fight, asking the U.S. International Trade Commission to block telecom giant Ericsson from importing 5G network equipment after licensing negotiations between the parties faltered. ....

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