Samsung narrows down list of candidates for $17billion chip plant in US

Seoul: Samsung Electronics appears to be moving closer to making a final decision on the site for its new chip fabrication plant in the US, as global semiconductor companies have engaged in increasingly fierce competition amid a global chip crunch.

The South Korean tech giant was found to have withdrawn its application filed in January with Manor Independent School District (ISD) in Travis County, Texas, for corporate tax incentives regarding its new chip plant, the Texas comptroller’s website showed.