0
Wireless

Samsung asks for tax incentives for USD 17 bln chip making plant in Texas

Friday 16 July 2021 | 09:47 CET | News
Samsung could locate its next chipmaking plant in Texas, though not in Austin, where it already operates one, Reuters reported, citing a document filed with Texas state officials. The company has applied for tax breaks for a plant that would be located in Williamson County. According to the document, Samsung will invest over USD 17 billion into the facility, and create 1,800 new jobs.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Categories: Mobile & Wireless
Companies: Samsung
Countries: United States
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Samsung, T3 Broadband tie up to supply 4G, 5G network products to regional service providers

Published 21 Sep 2021 10:34 CET | United States
T3 Broadband, a US vendor of technology products for rural and under-served communities, will cooperate with Samsung Electronics ...

Samsung to create 30,000 new youth jobs in South Korea in next 3 years

Published 15 Sep 2021 04:51 CET | Korea, Republic of
Samsung has announced plans to create 30,000 new youth jobs in South Korea in the next three years by expanding its corporate ...

China's SMIC to build USD 8.8 billion chip facility in Shanghai

Published 06 Sep 2021 08:34 CET | World
Chinese chipmaker Semiconductor Manufacturing International Corp (SMIC) is planning to set up a new chip product line in Shanghai ...

Semiconductor revenues rise over 10% in 2020, with Intel ahead - study

Published 12 Apr 2021 17:00 CET | World
Worldwide semiconductor revenue totaled USD 466.2 billion in 2020, an increase of 10.4 percent from 2019, according to final ...

Samsung in talks to set up USD 10 bln chip-making facility in Texas - report

Published 22 Jan 2021 15:40 CET | United States
Samsung is thinking of building a chipmaking plant in the US, in a bid to win more US clients and help it catch up with Taiwan ...

US govt in talks with Intel, TSMC to develop chip 'self-reliance'

Published 11 May 2020 09:41 CET | United States
Officials from the US government are in talks with Intel and Taiwan Semiconductor Manufacturing (TSMC) to build chip factories in ...