SEOUL: South Korea has requested U.S. incentives such as tax deductions and support for stable electricity and water supply to ease investment by Korean firms including leading chipmaker Samsung Electronics, its presidential office said on Friday.
He met with executives from major companies including Samsung in April and previously announced plans to invest US$50 billion in semiconductor manufacturing and research. In February, documents filed with Texas state officials showed that Samsung is considering Austin, Texas, as one of the sites for the US$17 billion chip plant that the South Korean firm said could create 1,800 jobs.There has been no new public documentation filed on the potential Texas chip plant application since March, the website for the Texas Comptroller of Public Accounts showed on Friday.