https://wccftech.com/samsung-head-to-visit-u-s-next-week-to-finalize-17-billion-chip-plant-report/

Korean chaebol Samsung Group, which is one of three companies rushing to build new chip manufacturing facilities in the United States is on track to finalize the location for its facility. Samsung, which is joined by Taiwan's Taiwan Semiconductor Manufacturing Company (TSMC) and U.S. chip giant Intel Corporation in establishing new semiconductor manufacturing facilities, is currently evaluating different cities for its facility. According to reports from the South Korean industry, Samsung's vice chairman Mr. Lee Jae-Yong will visit the U.S. as early as next week to finalize the site selection of the $17 billion chipmaking facility.

Samsung's slow deliberation for its new chip plant has been going on for the good part of this year, with the three potential sites for it has been on the cards since March. Back then, the company was facing a power outage in its operational facility in Austin, Texas and it submitted a new proposal to the authorities asking for tax concessions for building the new plant. It was in this document that Samsung also outlined that the alternative construction sites that it was interested in included New York and Arizona.