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Samsung Seeks $1 Billion in Incentives to Put Massive Factory in Austin, Texas

Proposal Could Set Off Tax Break Competition Between Texas, Arizona and New York
Samsung's North American headquarters in San Jose, California. A U.S. subsidiary of the Korean electronics company is searching for a site for a $17 billion expansion. (CoStar)
Samsung's North American headquarters in San Jose, California. A U.S. subsidiary of the Korean electronics company is searching for a site for a $17 billion expansion. (CoStar)

Construction on Samsung Electronics’ proposed $17 billion plant could start in five months if the company chooses Austin, Texas, for the massive manufacturing operation. But Austin still has to win the battle to convince the chipmaker to pick the Texas capital city over other contenders.

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