Samsung finalizes CHIPS Act incentive; scope of factory less than previously announced
(Austin Business Journal) — Samsung Electronics Co. Ltd. has finalized the incentive it will get through the federal CHIPS and Science Act, although the company won't be making as big of an investment in Taylor as what was proclaimed when dignitaries descended on the small town to announce a preliminary CHIPS award earlier this year.The company plans to invest $37 billion at its sites in Taylor and North Austin, down from initial projections of $45 billion but still a huge sum th
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