Samsung considering four sites in U.S. for $17 billion chip plant – documents By Reuters

By Joyce Lee

SEOUL (Reuters) – Samsung Electronics (LON:0593xq) 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.