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Samsung considering Taylor for Texas fab

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.

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