Samsung Electronics Co Ltd is considering two sites in Arizona and another site in New York in addition to Austin, Texas, for a new $17 billion chip plant, 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. Follow Gadgets Now on Facebook and Twitter . For the latest news , tech news , breaking news headlines and live updates checkout Gadgetsnow.com
- Samsung mulls slowing expansion of chip facilities in 2019
- Samsung soars in Q3, but chip sector set for fall
- Why the fate of Samsung's billionaire heir turns on horses
- Samsung back in favour as Moon tries to kickstart Korean economy
- Samsung Electronics to compensate ill workers at plants after mediator's proposal
- Samsung Electronics third-quarter profit seen at record, but peaking, as chips shine
- Samsung is said to be preparing more foldable smartphone models
- Court ruling raises prospect of Samsung heir returning to jail
- Samsung to invest in chips in hope of second-half rebound
- Samsung aims for robust chip investment despite fall in prices
Samsung considering four sites in US for $17 billion chip plant: Documents have 211 words, post on www.gadgetsnow.com at March 3, 2021. This is cached page on xBlogs. If you want remove this page, please contact us.