Category: US plant

Samsung Seeks Tax Breaks on $192 Billion Potential Chip Plants in Texas

SEOUL—Samsung Electronics has begun applications for tax breaks for 11 potential chip plants in Texas adding up to investments of about $192 billion, according to documents filed with Texas authorities. Samsung’s applications were filed ahead of the December expiry the state’s Chapter 313 property tax incentives program. The South Korean tech giant already has a…


Taiwan’s TSMC Raises $3.5 Billion in Bonds for New US Plant

TAIPEI—Taiwanese chip firm TSMC has raised $3.5 billon in bonds for its new plant in the U.S. state of Arizona, according to a term sheet. Taiwan Semiconductor Manufacturing Co. Ltd., a major Apple Inc supplier and the world’s largest contract chip-maker, started construction last year at the Arizona site where it plans to spend $12…