Samsung considering four sites in U.S. for $17 billion chip plant: documents

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According to source Samsung considering four sites in U.S. for $17 billion chip plant: documents so lets continue.

SEOUL (Tech News Update) – 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 Tech News Update on Wednesday it is considering a number of possibilities in terms of expansion but declined to elaborate.

Reporting by Joyce Lee; Additional reporting by Heekyong Yang; Editing by Sam Holmes

(This story has not been edited by Bollyinside staff and is auto-generated from a syndicated feed.)

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