 "Samsung considering four sites in US for $17 bn chip plant, documents show")
By Joyce Lee
SEOUL (Reuters) - Samsung Electronics Co Ltd is considering two sites in Arizona and another site in New York in addition to Austin, Texas, for a new $17 billion chip plant, according to documents filed with Texas state officials.
The tech giant also said in the documents dated Feb. 26 that it is seeking combined tax abatements of $1.48 billion over 20 years from Travis County and the city of Austin, up from the $805.5 million mentioned in a previous document.
A Samsung spokesman told Reuters on Wednesday it is considering a number of possibilities in terms of expansion but declined to elaborate.
(Reporting by Joyce Lee; Additional reporting by Heekyong Yang; Editing by Sam Holmes)
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
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