Samsung wants to grow, and has just decided to invest 200 billion dollars in a very interesting project. Here’s what it is and what benefits it can have
A very important week for them Samsung, which is working on multiple fronts to leave nothing to chance. As raised, the South Korean giant will only be allocated a budget equal to 200 billion dollars For a revolutionary project. The goal is to build 11 dedicated semiconductor chip manufacturing plants in Texas.
The Austin American Statesman launched the news with a dedicated report after consulting some previously filed documents. Thanks to this maxi project, it will be possible to make it More than 10 thousand additional jobs. Investment applications have already been filed on the Texas Supervisory Authority’s institutional site. The implant must be born Advertisement Austin and Taylor.
Samsung wants to say enough to Chip Hull: a $200 billion investment
But why? Samsung Decided to invest well 200 billion dollars In Texas? To summarize everything, the Wall Street Journal thought about it, according to which everything will be based on the fact that – at the end of the year – a program of state incentives and tax breaks will expire. Don’t forget that the United States Congress has provided a 50 billion dollar grant allocation For companies engaged in chip manufacturing.
The “collaborative” relationship therefore continues Between Samsung and the United States. A partnership whose first work was born in 1978 and which does not seem to want to stop today, quite the opposite. Before building the Texan plant, Samsung already received $27 million in state aid Texas Entrepreneur Fund. This was the main reason that led the company to focus not on South Korea but on the United States, where the budget was allocated. For much less convenience. We will see from now to the next few years how this maxi project will turn out in practice
