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semiconductors

Samsung Mulls $200 Billion Spending on Texas Chip Plants

By
Juro Osawa
· · Source: Bloomberg

Samsung Electronics is floating the idea of spending nearly $200 billion on the expansion of its chip manufacturing facilities in Texas, Bloomberg and other news outlets reported. The South Korean tech giant, one of the world’s largest makers of chips as well as consumer electronics, is seeking tax breaks for its potential plans to invest in 11 new chip plants in Texas. It is unclear whether...

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