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Samsung’s new chip factory

Samsung’s new chip factory

Samsung Electronics announced possible plans to build news sites in Arizona or another site in New York in addition to Austin, Texas. The amount to build a chip site is approximately $17 billion.

One of the biggest Japanese manufacturers of mobile plans to seek 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 document announced 26. February.

Samsung had to shut down factories in Texas last month after a winter storm killed at least 21 people and left millions of Texans without power. Factories are connected to utilities again, but they need time to restart tools and clean the factories. According to people close to the 


Performance of Samsung Electronics’ shares (