Samsung eyes Texas for chip-making plant

Samsung said it was considering multiple locations for the new chip plant, Austin among them

Electronics giant Samsung is considering the US state of Texas as a possible location for a new $17 billion chip-making plant, according to filings with state officials.

The project would involve building a huge new semiconductor factory on a 640-acre site in the city of Austin already owned by Samsung, and result in the creation of at least 1,800 high-paying jobs, documents available on Friday indicated.

A Samsung subsidiary cautioned in the filings that the project is “highly competitive” and that the company is also considering sites in Arizona, New York, and in South Korea, where its is based.

If Austin is selected, construction would likely begin by the middle of this year and be operating by the end of 2023, according to Samsung.

“Because of its strong ties to the

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