Samsung Considering Four Sites In The United States For $17 Billion Chip Plant

For a new $17 billion chip plant Samsung Electronics Co Ltd is considering two sites in Arizona and another site in New York in addition to Austin, Texas, according to documents filed with Texas state officials.

The tech giant also said in the documents dated Feb. 26 that it is seeking combined tax abatements of $1.48 billion over 20 years from Travis County and the city of Austin, up from the $805.5 million mentioned in a previous document. A Samsung spokesman told Reuters on Wednesday it is considering a number of possibilities in terms of expansion but declined to elaborate.

Samsung Considering Four Sites In The United States For $17 Billion Chip Plant via @MasterMindUpdate
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