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Friday, July 22, 2022

Samsung wants to build 11 chip fabs in Texas

Samsung is building a chip fab in the Austin, Texas area in the US, which is estimated to cost around $17 billion. But that's far from the only fab the company is thinking about building in that area. In fact, Samsung has filed applications for tax breaks for 11 more fabs it wants to build in Texas, in the Taylor and Manor districts. Of course, this is far from a done deal - and undoubtedly a lot is hinging on whether Samsung gets those tax breaks or not - they would add up to a whopping $4.8 billion. If not, then these plans will clearly be shelved. But if it does receive the...



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