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back to article Samsung to raise $1bn in US bonds for Texas plant

Samsung is planning to raise a billion dollars to fund US expansion, and will be pushing Tizen onto Americans as a Bada-compatible platform, with Intel's help. The bonds will have a five-year maturity, with the money being used to expand production at Samsung's Austin factory in a move which Bloomberg attributes to the …

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Anonymous Coward

It isn't the cost of labor that holds back fabs in America

Somewhere in the Archives there is an interview with a an Intel executive who claims it is the cost of regulations not labor that stops people from building fabs in the U.S.. So the hiring of American's at American wages ( Less thirty to forty percent compared to three years ago) isn't really a factor regardless of what your article says. The companies that build over seas for supposedly lower labor costs also get to skip the environmental laws that the U.S. has.

The Fact that Samsung can expand in a very liberal, eco friendly Austin is impressive.

AC because I might want to get a job there some day.

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Bronze badge

So an Intel exec CLAIMS something and you believe them. This article says otherwise and you don't believe it. Interesting.

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