Samsung's delayed Texas chip plant faces leaner tax deal and hard 2026 cutoff
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Samsung's delayed Texas chip plant faces leaner tax deal and hard 2026 cutoff
Samsung Electronics has renegotiated a tax incentive package with the city of Taylor, Texas, after delays pushed back the launch of its US$18 billion chip foundry by nearly two years. The updated deal significantly scales back financial perks originally granted in 2021.
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