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(MSN)   Samsung gives the details on plans for its $17bil chip factory in Texas but leaves out the parts about it catching fire or being intentionally obsolete in 3-4 years   (msn.com) divider line
    More: Followup, Bloomberg L.P., Michael Bloomberg, Bloomberg Television, Samsung Electronics Co., Samsung Electronics, Samsung Group, Bloomberg News, Wafer  
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310 clicks; posted to Business » on 03 Mar 2021 at 10:14 AM (10 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



17 Comments     (+0 »)
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2021-03-03 9:02:40 AM  
Half that cost is their own power plant, I assume. Being in Texas, and all...
 
2021-03-03 9:23:48 AM  
Don't forget insulation.
 
2021-03-03 9:24:00 AM  
I would think the events of last month would give them pause.
 
2021-03-03 9:38:55 AM  
Why would any company open a new facility in "We can't guarantee electricity" Texas?
 
2021-03-03 10:17:59 AM  
obsolete
 
2021-03-03 10:36:03 AM  

GreatGlavinsGhost: Why would any company open a new facility in "We can't guarantee electricity" Texas?


I half expect Tesla to fly in a million drones with cables to uplift their unfinished gigafactory and plop it down somewhere else with reliable power. Like a quick sight gag from the Simpsons.
 
2021-03-03 10:38:21 AM  

GreatGlavinsGhost: Why would any company open a new facility in "We can't guarantee electricity" Texas?


Man you guys are going to run with the gag for years.
 
2021-03-03 10:51:47 AM  

American-Irish eyes: GreatGlavinsGhost: Why would any company open a new facility in "We can't guarantee electricity" Texas?

Man you guys are going to run with the gag for years.


Unless they're in Texas and they lose power.
 
2021-03-03 11:20:07 AM  
Only $9.4 Million per job.  How much are Texans subsidizing this project over it's first 10 years?
 
2021-03-03 11:23:10 AM  
Really, in Texas?  You would think Samsung would be interested in a location that can provide consistent energy.
 
2021-03-03 11:57:15 AM  

Glorious Golden Ass: Only $9.4 Million per job.  How much are Texans subsidizing this project over it's first 10 years?


I'd really love to see the math from these politicians when they make these grants. I mean, I know there isn't any, but I'd really love to see them do some math. Is it really just so limited as "everyone else is doing it"?
 
2021-03-03 12:32:08 PM  
Foxconn 2: This Time In Texas
 
2021-03-03 12:54:27 PM  

American-Irish eyes: GreatGlavinsGhost: Why would any company open a new facility in "We can't guarantee electricity" Texas?

Man you guys are going to run with the gag for years.


Yeah, that so unfair.  We should only joke about recent events like dead voters in Chicago or Philly fans throwing batteries at Santa Claus.
 
2021-03-03 1:35:11 PM  

Troy Aikman's Giant Thumbs: American-Irish eyes: GreatGlavinsGhost: Why would any company open a new facility in "We can't guarantee electricity" Texas?

Man you guys are going to run with the gag for years.

Yeah, that so unfair.  We should only joke about recent events like dead voters in Chicago or Philly fans throwing batteries at Santa Claus.


I actually don't know those jokes.
 
2021-03-03 4:06:05 PM  
I hope this narrative about the electric grid haunts Texas for years to come. Texas may not go blue in 2024, but the Republicans will bend over backwards to accommodate new business.

It sucks that they would put in more effort to improve the state to steal businesses from CA than for the good of the citizenry, but we can't wait for Democrats to wield legislative power in Texas to make these bare minimum required changes.
 
2021-03-03 5:59:13 PM  

Electriclectic: I hope this narrative about the electric grid haunts Texas for years to come. Texas may not go blue in 2024, but the Republicans will bend over backwards to accommodate new business.

It sucks that they would put in more effort to improve the state to steal businesses from CA than for the good of the citizenry, but we can't wait for Democrats to wield legislative power in Texas to make these bare minimum required changes.


An 11 year old boy died in the Texas' failure of 2021 because he was trying to protect his 3 year old stepbrother. I think they've earned a few year's worth of haunting.
 
2021-03-04 11:43:07 AM  

Electriclectic: I hope this narrative about the electric grid haunts Texas for years to come. Texas may not go blue in 2024, but the Republicans will bend over backwards to accommodate new business.

It sucks that they would put in more effort to improve the state to steal businesses from CA than for the good of the citizenry, but we can't wait for Democrats to wield legislative power in Texas to make these bare minimum required changes.


Yeah, Texas really screwed up by installing all of those renewables that the Democrats wanted them to, instead of using that money to improve their natural gas and nuclear generation capacity. Just a few more natural gas pipelines and winter-proofing their natural gas pumping capacity would have kept the whole place powered through the storm.

That'll teach 'em.
 
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