Samsung sees four locations for $ 17 billion chip factory

Samsung is looking at four sites in three different states where it can build a $ 17 billion computer chip plant, records show.

The South Korean tech giants are considering two locations in Arizona, Texas, and one in New York in addition to a site in Austin, Texas, where it has about 1.5 billion for the semiconductor facility, according to documents filed with Lone Star State officials The dollar is seeking a tax rebate.

Samsung said it is in “active dialogue” with the other three potential hosts, each of which offered a combination of property tax rebates, grants or tax credits to support the “highly competitive” project.

The company did not identify cities other than Austin. but The Wall Street Journal has reported It is eyeing a large industrial complex in Genesee County, New York, and two sites in the Phoenix area.

“All three alternative sites have the necessary land and are able to increase the required infrastructure within the time required to complete the accelerated timetable of the project,” said Samsung To submit

Dated 26 February at the Texas state comptroller office.

Samsung said it is scouting sites in Korea but suggested that Austin is its preferred location due to its 25-year history in the Texas capital, which already has a chip plant.

Samsung expects another 7 million-square-foot factory to create 1,800 jobs in its first 10 years, with an average starting salary of $ 66,254 as of February 26. Admission.

While Austin is the clear frontrunner, New York Sen. Chuck Schumer said he reached out to Samsung in late January about building a plant on the 1,250-acre Genesee STAMP campus located between the major cities of Buffalo and Rochester.

“This Samsung project is an exciting and a potential game changer for the region,” At that time, Schumer said. “I already know that STAMP is shovel-ready – and, combined with New York’s strong semiconductor industry, makes Genesee the perfect location for Samsung’s new chip fab.”

With post wires

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