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Building roads, investing money and cutting taxes, American states are competing to attract chip factories

Share the QR code < / P > < p > with wechat scanning code to friends and circles of friends < / P > < p > < / P > < p > on November 20, the global chip shortage affected all walks of life, but many states and cities in the United States began to see a glimmer of hope. Various measures to significantly increase chip production may lead to busy chip factories in the United States, and relevant States and cities want to take a share < p > Samsung plans to build a $17 billion chip manufacturing plant in the United States early next year. Tyler City, Texas, Tennessee County in northern New York and Arizona are all trying to get the company to set up factories there < p > so is Travis County near Taylor. Samsung already has a local factory. The company said in a document that all three states have "provided strong property tax relief" and will provide funds for factory infrastructure construction < p > it is not clear where Samsung's chip factory will be located. The company said that it is still considering the specific location < p > illustration: downtown Taylor, Texas < / P > < p > the United States urges Samsung and other companies to start building new factories as soon as possible. In September this year, Intel broke ground on two chip factories in Arizona and may announce the location of a new manufacturing park by the end of this year < p > the US Senate has passed a bill that will provide us $52 billion in subsidies to chip manufacturers this year. In a letter to congressional leaders, the nine governors said that the funds would "provide a new and powerful tool for promoting the economic development of various states" < p > the possibility of Samsung's arrival also brings hope to Taylor city. Business owners have said that this will bring more customers to local breweries and downtown. Many parents believe that the advanced assembly line of this factory will inspire high school students in the town. A real estate agent said that residents believe that land prices will rise rapidly. In recent months, local land prices have risen slightly stimulated by Samsung's possible factory < p > Texas brewery opened a bar in downtown Taylor five years ago. Ian Davis, CEO of the company, said, "this kind of thing may be encouraging." < / P > < p > but the efforts of various cities to attract companies to set up factories have also caused many problems. How big should the local community go and how much money should be invested in order to get a share of the high-tech economy < p > Chandler, Arizona, has approved a public investment of up to US $30 million to improve local water supply and transportation. The purpose is to support the chip factory built by Intel in September this year. Phoenix, California, will spend about $200 million to build infrastructure for TSMC. When TSMC announced the construction of the plant in 2020, it said that subsidies were crucial to its plan Critics of tax incentives say that money should be spent on other infrastructure and public schools. They said that cities may be burning money because factors such as talent and natural resources are more important than subsidies for chip manufacturers. They believe that the city will eventually sacrifice tax revenue, which is the most important thing a large industrial project can contribute < p > Nathan Jensen, a professor of the subsidy program at the University of Texas at Austin, said, "there must be benefits." "but the problem is to give up a lot of things to win the company." < / P > < p > many residents of Taylor believe that this is the price they must pay for urban renewal < p > Susan green, a resident of Taylor, said, "bring these factories and they will exist indefinitely. It will bring great benefits to our city, especially our schools." < / P > < p > Steve Adler, mayor of Austin, said that the subsidies provided by Austin to Samsung in the 1990s had a positive impact on the city. In recent years, Austin has developed rapidly. Tesla and Oracle recently moved their headquarters to Austin, where Facebook and Apple also have a lot of business < p > Austin and its surrounding areas also negotiated with Samsung on the site selection of the plant. When talking about Samsung, Adler said, "their coming here can certainly bring great benefits to our city and region." < / P > < p > but pat Garofalo, head of economic groups, believes that taxpayers' money should be spent in places such as public schools that can attract diverse businesses in a city, not just to attract a company < p > he said that chip manufacturers are aware that chip shortage is a "very real problem" and are "taking advantage of this trend to make state and local officials pay a lot of public funds for the construction of relevant facilities." < / P > < p > Vanessa Fuentes, a member of Austin City Council, said, Residents in their own area are worried that after the technology company sets up a factory in the local area, it will bring problems such as high house prices and soaring prices. She believes that the local government should "gain the upper hand" in dealing with technology companies and should ensure that any agreement reached with technology companies is sufficient to benefit existing residents < p > supporters of Samsung's plant construction believe that if they get the project, they can solve these concerns < p > "yes, the traffic will be more crowded and house prices will rise," Davis said. "But I think it will also help create jobs." < / P > < p > he said: "I think 5000 construction workers will patronize all local small businesses every day. The advantages outweigh the disadvantages." (Chenchen) < / P > < p >


2023-03-22 10:04:47

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