Samsung is considering the Texas town of Taylor and sites in Arizona and New York for a $17 billion fab, reports Reuters.
www.electronicsweekly.com, Sept. 06, 2021 –
All three locations are being considered in addition to Samsung's already declared interest in siting the fab in Austin where it already has a fab.
The fab will create 1,800 jobs.
The authorities in Taylor have proposed a resolution that Samsung be offered a grant equivalent to 92.5% of assessed property tax for 10 years, 90% for the following 10 years and then 85% in the 10 years after that, plus a 92.5% tax waiver on new property built on the site for 10 years and the repayment of development review costs.