Global Trade Alert
Global Trade Alert

United States of America (State of Texas): Texas provides incentives to support Samsung’s USD 17 billion semiconductor manufacturing facility

Announcement

23 Nov 2021

In November 2021, the State of Texas approved various investment incentives for Samsung to support the establishment of the new semiconductor facility.

Source

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Number of interventions

3

3 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

23 Nov 2021

Revocation date:

No revocation date

Updated: 23 Nov 2021
State aid, unspecified In force
On 23 November 2021, the State of Texas announced that Samsung Electronics Ltd (Samsung) will build a semiconductor manufacturing facility in Taylor, Texas. For this investment project, local authorit...
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Updated: 23 Nov 2021
Financial grant In force
On 23 November 2021, the State of Texas announced South Korea-based Samsung Electronics Ltd (Samsung)’s plans to build a semiconductor manufacturing facility in Taylor, Texas. For this investment proj...
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Implementation date

23 Nov 2021

Revocation date:

22 Nov 2051

Updated: 23 Nov 2021
Tax or social insurance relief In force
On 23 November 2021, the State of Texas announced that Samsung Electronics Ltd (Samsung) will build a semiconductor manufacturing facility in Taylor, Texas. For this investment project, local authorit...
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