Equal and equalest
One set of rules for the pleb, another set for Samsung.
The city of Taylor, Texas, has offered Samsung property tax breaks over the course of 30 years if the South Korean chip giant agrees to build a $17bn fabrication plant on its land. Samsung is shopping around for plots to expand its chip manufacturing presence on US soil, and is considering spots in Texas, Arizona, and New York …
Abbott, he of election fraud conspiracies and the heart beat bill, would rather encourage endless tax breaks for business instead of doing anything to protect Texans. He is not protecting the victims of rape and incest. He is not protecting the right to vote unless you are white and wealthy. He is not protecting the state from climate change which is evidenced by all the Texans that died during the latest freeze. Oh, but he is sending his minions to the border to protect the Lone Star from the hordes of asylum seekers that his business buddies will hire in a heartbeat for $1 and hour. Samsung ought to be smarter than this and find a state where water and power are not an issue, and where it's high-tech workers will feel comfortable even if they are not white. Former Gov. Scott Walker did the same stuff in Wisconsin, and now he is just a pundit, but he did manage to build that huge plant by Foxconn, not!
Abbott and friends hate the federal government, with its penchant for legislating and taking control away from the locals (they say). Thus it was interesting that Abbott and friends, to get back at blue-dot Austin for some transgression or another, legislated at the state level, rules about which trees could be cut down, to preempt Austin's own tree-loving tree-hugging rules.
And of course lately mandating wrong-course rules all through the pandemic, killing Texans.
He and they scream loudly about what the feds might do, then do worse. That's conservatism in America today.
"... protecting the victims of rape and incest"?
He's just taking a slightly different approach by, according to him "eliminating rape in Texas".
This will presumbly be achieved by changing the legal definition of the offense, "de-criminalizing" it, or the usual fudged statistics and victim-blaming.
Has Samsung factored in what they will need to set aside for on-campus private schools and medical facilities?
Already gathered enough downvotes for one comment, so I'll stop short of Mark Twain's opinion on rental property.
When is the grant of a subsidy not a bribe or a bung to oil the currency printing presses, both virtual and physical, and aid the churn of captivating, but quickly declining to zero global worth fiat paper ?
Is that the American dream one trick pony?
Such Texas-centric practices are not without significant regulatory risk, Joe W, which if deemed worthy of not investigating and pronouncing clear and unambiguous decision upon, risks effectively collapsing a much greater phish and what is no more than a colossal ponzi.
The problem is highlighted in this sentence ........
At issue is whether the payments in question violated the US Foreign Corrupt Practices Act, which strictly prohibits companies from paying bribes to foreign officials to gain business. ..... https://www.rt.com/usa/534200-raytheon-qatar-bribery-investigation/
use ..... benjimouse
Call me a cynic, if you like, but only seeing is believing that affirmation to be honestly true, benjimouse. I look forward to the show in the near future but am not holding my breath in great expectation.
I've been saying since the first El Reg article that massive tax rebates were part of the deal.
Not that it was so difficult to guess.
I checked Taylor out on Google Earth. Not a river in sight for 200km around (the circle ruler is a great tool).
Great place to build a monster chip-making plant that is going to need millions of gallons of water every day.
I actually hope that they do build that plant. It'll be fun hearing about how it's only working at 25% capacity because of drought.
It'll also be fun hearing about the massive layoffs due to inactivity (well, not for those laid off, obviously).
And the best fun will be to hear about how the local council defends their choice in the middle of the disaster that they are bringing upon themselves.
Because whatever happens and however well that plant does run, one thing is certain : in 30 years, Samsung is shutting it down.
And after 30 years, they'll have a gold-plated excuse : it's obsolete and too expensive to upgrade.
Er, Google Earth shows the San Gabriel River passes about 3km (three) north of the city boundary.
(assuming there is only 1 Taylor city on US79).
Looks like a reasonable substantial water supply.
(Checked because it seemed strange that a city would be built >200km from a river or other water supply, so wondered why the city would exist under such harsh conditions; answer: conditions aren't so harsh)
Samsung has started production of chips using its 3nm fabrication process, beating rival TSMC, which expects to begin making chips with its N3 node generation later this year.
The resultant chips are claimed to reduce power consumption by up to 45 percent and improve performance by up to 23 percent, with further gains promised in a second generation of the process.
Korea's electronics giant said it has started initial production with its 3nm process node, which introduces what the firm calls Multi-Bridge-Channel FET (MBCFET) technology. This is Samsung's version of the Gate-All-Around (GAA) transistor architecture, where the gate material wraps around the conducting channel.
Australia’s Competition and Consumer Commission has fined Samsung Electronics AU$14 million ($9.6 million) for making for misleading water resistance claims about 3.1 million smartphones.
The Commission (ACCC) says that between 2016 and 2018 Samsung advertised its Galaxy S7, S7 Edge, A5, A7, S8, S8 Plus and Note 8 smartphones as capable of surviving short submersions in the sea or fresh water.
As it happens The Register attended the Australian launch of the Note 8 and watched on in wonder as it survived a brief dunking and bubbles appeared to emerge from within the device. Your correspondent recalls Samsung claiming that the waterproofing reflected the aim of designing a phone that could handle Australia's outdoors lifestyle.
In yet another sign of how fortunes have changed in the semiconductor industry, Taiwanese foundry giant TSMC is expected to surpass Intel in quarterly revenue for the first time.
Wall Street analysts estimate TSMC will grow second-quarter revenue 43 percent quarter-over-quarter to $18.1 billion. Intel, on the other hand, is expected to see sales decline 2 percent sequentially to $17.98 billion in the same period, according to estimates collected by Yahoo Finance.
The potential for TSMC to surpass Intel in quarterly revenue is indicative of how demand has grown for contract chip manufacturing, fueled by companies like Qualcomm, Nvidia, AMD, and Apple who design their own chips and outsource manufacturing to foundries like TSMC.
The demand for consumer electronics has slowed down in the face of inflation – but that didn't stop nine of the world's 10 largest contract chip manufacturers from growing in the first three months of the year.
That's according to Taiwanese research firm TrendForce, which said on Monday the collective revenues for the top 10 chip foundries grew 8.2 percent to $31.96 billion in the first quarter of 2022 from the previous quarter. That's a hair slower than the 8.3 percent quarterly growth reported for the top-ten foundries in the fourth quarter of last year.
On a broader level, TrendForce said this revenue growth came from a mix of "robust wafer production" and foundries continuing to raise the prices of wafers as a result of high demand.
Samsung has once again been accused of cheating in benchmark tests to inflate the apparent abilities of its hardware.
This time Samsung has allegedly fudged the results for its televisions, specifically the S95B QD-OLED and QN95B Neo OLED LCD TVs.
Scientists in Germany claim to have developed bipolar transistors from organic materials, opening a path for flexible and transparent electronics.
The study, led by Shu-Jen Wang, post-doctoral researcher Technische Universität Dresden, built an organic bipolar junction transistor using doped rubrene. That could help the semiconductor industry to make the switch to organic materials, increasing access to a wide library of materials for building electronic devices.
Transistors are the basis of today's digital circuits and, at a simple level, allow one signal to control another. They can amplify a signal, or switch between 'on' and 'off' states, through control of a current of charge carriers – which are either electrons or their positive counterpart (holes), or both.
Samsung vice chairman Lee Jae-yong is said to be courting Dutch chipmaker NXP on a visit to Europe to bolster the company's position in the automotive semiconductor market.
According to the Asian Tech Press, Jae-yong, who has been released on probation after serving time on corruption charges, is expected to visit several chipmakers and semiconductor manufacturing vendors including the Netherland's NXP and ASML, as well as Germany's Infineon. Press became aware of Jae-yong's plans after a Seoul Central District Court approved the vice chairman's travel plans.
NXP offers a wide array of microprocessors, power management, and wireless chips for automotive, communications, and industrial applications. However, the Asian Tech Press said Samsung's interest in the company, which is valued at approximately $56 billion, is primarily rooted in the company's automotive silicon.
In the world of fabless chip designers, AMD, Nvidia and Qualcomm usually soak up the most attention since their chips are fueling everything from top-end supercomputers to mobile devices.
This hunger for compute is what has allowed all three companies to grow revenue in the high double digits recently. But there's one fabless chip designer that is growing faster among the largest in the world and it's far from a household name: Marvell Technology.
Silicon Valley-based Marvell grew semiconductor revenue by 72 percent to $1.4 billion in the first quarter, which made it the fastest growing out of the top 10 largest fabless chip designers during that period, according to financials compiled by Taiwanese research firm TrendForce.
Microsoft and Samsung have teamed to stream Xbox games on the Korean giant's smart televisions and monitors.
Samsung has offered streaming games since early 2022, taking advantage of its smart displays running the Linux-based Tizen OS. The "gaming hub" installed on those devices can already deliver games from Google Stadia and Nvidia GeForce Now.
Xbox is a rather larger brand, making this deal considerably more significant.
The global economy may be in a tenuous situation right now, but the semiconductor industry is likely to walk away from 2022 with a "healthy" boost in revenues, according to analysts at IDC. But beware oversupply, the analyst firm warns.
Semiconductor companies across the world are expected to grow collective revenues by 13.7 percent year-on-year to $661 billion, IDC said in research published Wednesday. Global semiconductor revenue last year was $582 billion.
"Overall, the semiconductor industry remains on track to deliver another healthy year of growth as the super cycle that began in 2020 continues this year," said Mario Morales, IDC group vice president of semiconductors.
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