Samsung Eyes Investing Up to $17B in New U.S. Chip Plant

wsj.com

3 pointsf4302 comments

Hmm - Arizona in the running for another fab? That would be cool. We already have Intel, Global Foundries, and soon TSMC :-)

The current South Korea administration is very anti-chaebol and wants to split up the conglomerate.

Expect more jobs coming to your country as Samsung and other Korean conglomerates run to America for protection from an anti-business Korean government.

This is only a rumor but Samsung and Hyundai are thinking of merging to fend off the Korean government and moving their factories to America is part of their 4D chess move.

Hyundai especially because the average Hyundai automotive worker is earning well above $100,000 USD / year plus universal healthcare, perks due to an extremely powerful automotive union. Compare that to American automotive industry workers and what they make.

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