Samsung Applies For Tax Breaks To Expand Its Chip Facilities In Texas
Samsung already has a strong presence in Texas. Its Austin chip plant has been operational for well over two decades now. Six months ago, the company announced a new factory in Taylor where it will manufacture its most advanced computer chips. Costing a whopping $17 billion, it is the Korean firm’s largest-ever single investment in the US. It is also the largest direct foreign investment in Texas history. Before settling on Taylor, Samsung explored several other sites within Texas as well as other states, including New York and Arizona....