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Samsung addresses rumors over $17B factory site

By Kathryn Hardison | Austin Business Journal (Image by Firmbee)

Despite widespread speculation that Austin will be home to its $17 billion chipmaking plant, Samsung officials told Austin Business Journal on May 21 that a decision has not yet been made.

But the tech giant has decided to build its next plant somewhere in the United States — either in Texas, Arizona or upstate New York — rather than its home country of South Korea.

Read the full subscription story from the Austin Business Journal.

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Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.