[HN Gopher] Samsung Foundry: New $17B Fab in the USA by Late 2023
       ___________________________________________________________________
        
       Samsung Foundry: New $17B Fab in the USA by Late 2023
        
       Author : manojkr
       Score  : 612 points
       Date   : 2021-02-10 20:45 UTC (1 days ago)
        
 (HTM) web link (www.anandtech.com)
 (TXT) w3m dump (www.anandtech.com)
        
       | jdkee wrote:
       | Reporting on Foxconn's Wisconsin "manufacturing plant" at the
       | time.
       | 
       | https://www.theatlantic.com/business/archive/2017/07/foxconn...
        
       | gautamcgoel wrote:
       | Really happy to see this. It's really frightening how dependent
       | we are on other countries to manufacture our chips. I hope that
       | more American chip companies choose to build fabs here as well,
       | though I recognize how expensive that would be...
       | 
       | Also... is every single tech company investing heavily in Austin?
       | It sure feels like it!
        
         | jacquesm wrote:
         | Who is we?
        
         | sithadmin wrote:
         | Frankly, I'm surprised that the Austin region's notable decline
         | in quality of life hasn't already begun to act as a feedback
         | mechanism limiting investment and population growth.
         | 
         | Austin was plagued by decades of nimbyism and poor urban
         | planning that prevented sufficient infrastructure development
         | _before_ it was a tech hotspot. ~10 years ago, things like
         | traffic and public transport had already become borderline
         | unbearable relative to comparable cities. It has only become
         | much, much worse in recent years. I imagine that it might still
         | seem livable to tech folks arriving from west /east coast
         | megacities, but to us locals...not so much.
         | 
         | Nearby San Antonio has done a much, much better job in terms of
         | infrastructure development, but of course nobody wants to set
         | up shop there because it doesn't have the (fading, imo)
         | cultural cachet that Austin has.
        
           | jdhn wrote:
           | As a Michigander, I find it funny to see people argue over
           | growing cities and whether their cultural cachet is growing
           | or fading. People here would kill to have the problems that
           | Austin has.
        
             | sithadmin wrote:
             | Having just lived there for a couple years, I would argue
             | that Ann Arbor has all the same issues as Austin: Strong
             | nimbyism; general under-development of public
             | infrastructure; a university that keeps the local
             | government on a leash; absurd housing prices subsidized by
             | student loans and tech workers; trademark
             | 'hippie'/counterculture mentality that's increasingly
             | marginalized; increasing presence of cookie-cutter chain
             | establishments...
        
               | whycombagator wrote:
               | But does Ann Arbor have a massive influx of homeless?
        
           | [deleted]
        
           | cjtoth wrote:
           | > nobody wants to set up shop there because it doesn't have
           | the (fading, imo) cultural cachet that Austin has
           | 
           | .. and has a public ivy college, the Texas legislature, and
           | decades of semiconductors in the area. There's still NIMBY &
           | traffic in the city, but to sum Austin up as simply a
           | cultural hub feels dishonest
        
             | mech422 wrote:
             | I'd say Phoenix gives it a good run for its money :-)
        
           | tick_tock_tick wrote:
           | Austin is the "new" SF and it's happening on a shorter
           | timescale which is probably going to create an even more
           | dysfunctional local political system.
           | 
           | I know so many friends and colleagues that have moved to
           | Austin from SF over the years to escape the issues they have
           | with SF (mostly around trying to raise a family, poor
           | schools, high coast of homes with any real space, etc) but it
           | seems like Austin might just slingshot past SF in terms of
           | issues.
        
             | DebtDeflation wrote:
             | There's always Denver and RTP.
        
               | breischl wrote:
               | Shhhhh, no there's not. These are not the metro areas
               | you're looking for. Nothing to see here. Move along.
        
               | oblio wrote:
               | RTP?
        
               | pchristensen wrote:
               | Research Triangle Park, NC
        
               | MengerSponge wrote:
               | I absolutely love the Triangle, but public transit there
               | is a joke. My favorite tinfoil hat conspiracy theory is
               | that Duke Parking killed the light rail system.
        
               | gautamcgoel wrote:
               | Can you comment a bit on why you love the triangle?
        
               | MengerSponge wrote:
               | It functions much like a very large university town,
               | except it has a much more diverse economy.
               | 
               | The sum of its parts make it a particularly nice part of
               | the world to live in. Housing is reasonably affordable
               | (although this is becoming a problem), there's an
               | interesting and competitive restaurant scene, good public
               | schools, some of the best coffee shops in the world,
               | great art museums and functioning greenways. Lots of good
               | places to support local agriculture and artists.
               | 
               | The local parks are lovely, and the Appalachians are a
               | day-trip away. Same with the Atlantic coast.
               | 
               | A few local businesses that I deeply miss: Boulted Bread
               | (bread), Jubala (coffee), Foundation (cocktails), Garland
               | (food), Cocoa Cinnamon (coffee, churros, hot chocolate),
               | Guasaca (arepas), Nuvo Taco (tacos), Wine Authorities
               | (wine), Saltbox (seafood), Locals Seafood (seafood) ...
        
             | gaspard234 wrote:
             | >it seems like Austin might just slingshot past SF in terms
             | of issues.
             | 
             | As a former San Franciscan that has lived in Austin for 10
             | years what do you think are these issues?
             | 
             | Sure there is a lot of old school residents that don't want
             | any change and fight every code change and infrastructure
             | upgrade but the new residents are doing stuff like passing
             | the new rail props. The city has built more housing in the
             | last year than SF has in 5 years.
             | 
             | Another thing is the exploding homeless population, the
             | city is so angry that we got enough signatures to put the
             | camping ban on the ballot. A certain district actually
             | voted for a far right wing candidate whose major platform
             | was to get rid of the homeless. That is not something that
             | would ever happen in SF.
        
               | tick_tock_tick wrote:
               | > As a former San Franciscan that has lived in Austin for
               | 10 years what do you think are these issues?
               | 
               | The biggest as always is public transportation. SF is a
               | "small" city geographically but it's a nightmare to get
               | around and I see Austin going down the same route. You
               | have busses and MetroRail but frankly both of them
               | operate at street level and that will just not cut it.
               | The subway plans are good and a step in the right
               | direction but by the time they actually finish they won't
               | be anywhere near enough which will be viewed as a failure
               | and then the next subway expansion will be too small and
               | so on an so forth.
               | 
               | I just don't see the city getting out ahead of it's
               | growth. Too little too late kind of thing. Obviously I
               | don't live there so my knowledge is filtered though a set
               | of peers with there own bias but that's my current view.
        
           | throwaway0a5e wrote:
           | Decline is relative. Despite being a crappy deal Austin is
           | still a better deal than the options where a lot of the new
           | people are coming from.
        
             | medium_burrito wrote:
             | Yeah, comparing with San Francisco/CA (massive income tax,
             | possible wealth tax, absurd real estate, dysfunctional
             | schools, etc) and Seattle (merely very expensive real
             | estate, insane city council, famously unfriendly people,
             | depressing weather, and possibly way more taxes and soon as
             | our legislature can figure out how to get around them being
             | unconstitutional)...
             | 
             | Austin is definitely still a good deal. Sure, the weather
             | isn't as good as California (but better than southern
             | Nevada), and the scenery isn't as pretty or geographically
             | interesting as the Pacific Northwest (but better than
             | Oklahoma), but there are jobs, a good university and Texas
             | doesn't appear to have lobotomy patients as local
             | government.
        
               | claytongulick wrote:
               | > better than Oklahoma
               | 
               | That's a broad brush.
               | 
               | Currently sitting in a log cabin in an old growth forest
               | on a stunning lake near Broken Bow, OK, with pretty hills
               | / small mountains all around.
               | 
               | Interestingly, one of the few (maybe only?) place in the
               | world that has both black bears and alligators.
               | 
               | Mountains, lakes, swamp, pasture... McCurtain County is a
               | treat.
        
               | gautamcgoel wrote:
               | Seems to me plenty of places have both gators and black
               | bears. GA and FL for starters...
        
               | notional wrote:
               | caveat to enjoying a wondrous life in OK of course is
               | don't be a BIPOC
        
               | chasd00 wrote:
               | I'm closing on 20 acres near talahina in a couple weeks.
               | SE Oklahoma is very underrated.
        
               | claytongulick wrote:
               | That's a great place to invest right now.
               | 
               | I'm buying a cabin in Broken Bow, the owner is selling
               | and reinvesting in some land very close to where you are
               | buying.
        
               | jedberg wrote:
               | The main problem with Austin is that it's in Texas. Which
               | means you're still subject to Texas laws and Texas
               | schoolbooks. Some of those schoolbooks still teach that,
               | "slaves were treated well because they were expensive
               | property".
               | 
               | Which makes me think, maybe there is a business
               | opportunity to open a private school that uses California
               | or Massachusetts/New York text books.
        
               | whycombagator wrote:
               | Is that particularly common/exist at all in good Austin
               | area schools? Or are you just generalising based on some
               | Texas schools (genuinely curious as I have no idea
               | myself)
        
               | borramakot wrote:
               | My understanding is that the Texas state requirements
               | used to be borderline insane, but that they have improved
               | over time. Skimming http://ritter.tea.state.tx.us/rules/t
               | ac/chapter113/index.htm... , I actually found much less
               | objectionable than I expected to.
        
               | usefulcat wrote:
               | In general I don't disagree about bass-ackwards public
               | school curriculums in TX. However, for those who are
               | willing and able to pay for private school, that's not
               | really an issue in Austin, especially considering how
               | liberal it is compared to literally any other city in
               | Texas.
        
               | mensetmanusman wrote:
               | This is a meme that may require updating
        
               | jedberg wrote:
               | Possibly, I haven't looked in a few years.
        
       | dmix wrote:
       | Of course it's in Texas, not in SV. And TSMC going to Arizona.
        
       | alexfromapex wrote:
       | This will be good for the US chip supply chain, hopefully more
       | chip makers follow suit
        
       | u678u wrote:
       | Why Austin? I thought you needed a lot of water for fabs.
        
         | drak0n1c wrote:
         | Texas business-friendly laws with access to technical Austin
         | workforce and university.
        
         | cameldrv wrote:
         | Austin has a long established semiconductor workforce, and
         | there are already multiple fabs there, as well as a lot of
         | semiconductor design. Right now, Freescale/NXP has two fabs,
         | Spansion has a flash fab, and Samsung already has a fab in
         | Austin.
        
           | BostonEnginerd wrote:
           | Spansion's fab was purchased by Cypress, who were acquired by
           | Infineon recently.
        
         | eutropia wrote:
         | I'm no expert, but my understanding is that Fabs like stable
         | weather patterns and climates so they can more easily regulate
         | the cleanrooms.
         | 
         | Knowing nothing about Austin's climate, of course, I'm assuming
         | that it's reliably hot and dry?
        
           | chiyc wrote:
           | I think there's some consideration of how prone an area is to
           | natural disaster, which makes Intel's picks of places like
           | Arizona and New Mexico ideal. But I think other benefits like
           | a strong labor market or a business friendly jurisdiction
           | will probably have an overall bigger impact on where a
           | business chooses to build.
        
             | nwatson wrote:
             | Arizona has a long tradition in and worker base for
             | semiconductor manufacturing.
        
           | Turing_Machine wrote:
           | Texas is quite large... you're probably thinking of West
           | Texas (as shown in innumerable western movies). That is
           | indeed very dry.
           | 
           | East Texas, particularly south-eastern Texas (near the Gulf)
           | is very humid and can experience torrential rainfall. It's
           | more like Louisiana than El Paso, climate-wise.
           | 
           | Austin is sort of in the transitional zone between the two.
           | 
           | By comparison with California, Austin gets an average of
           | 34.32 inches (872 mm) of rain per year. San Jose gets 15.82
           | inches (402 mm). San Francisco proper gets 23.65 inches (601
           | mm).
           | 
           | Austin is considerably more water-rich than the Bay Area.
        
           | [deleted]
        
           | pradn wrote:
           | There's a joke about how quickly Austin's weather can change.
           | It's not unheard of to see 30 degree swings over the course
           | of a few hours. Austin has no protection from polar winds
           | coming down from the north, nor is it near water, which has a
           | moderating effect on climate. So it does have erratic
           | weather. It's possible to see an inch of snow every other
           | year, and yet, in the summers, it's likely to see 100+ degree
           | (F) weather for two months straight.
           | 
           | It's more likely how Austin is still attractive to high-tech
           | personnel - a good public university nearby, a reputation for
           | being a lively city, somewhat reasonable real estate prices
           | (relative to the Bay, but still 2X what they were 10 years
           | ago), and excellent schools if you're in the right area, a
           | decent number of tech options to jump to if you want to
           | switch, a spritely startup scene, enough outdoorsy things to
           | do, etc etc.
        
           | burlesona wrote:
           | It is neither reliably hot nor reliably dry. The only think I
           | think you can say about "consistency" regarding Austin's
           | weather is that it is hot in the summer and doesn't snow very
           | often.
        
           | reaperducer wrote:
           | _Knowing nothing about Austin 's climate, of course, I'm
           | assuming that it's reliably hot and dry?_
           | 
           | Austin isn't in the desert. It gets ice storms, tornados,
           | hurricanes, and the epic Texas thunderstorms that have
           | various names like Blue Norther, Possum Stomper, and Toad
           | Strangler.
           | 
           | I spent five years in Texas, near Austin, and my college
           | meteorology classes came back to me.
        
             | banana_giraffe wrote:
             | One of the moments I'll always remember growing up in Texas
             | was seeing the newscaster ask the very well dressed and
             | always presentable local weatherman "what's the weather
             | look like tomorrow?" and when the camera turned to him we
             | saw a disheveled weatherman, tie not done, hair messed up
             | turn to the camera and deadpan "I have no idea"
             | 
             | Many areas have the joke "if you don't like the weather,
             | wait 5 minutes". That was less a joke and more a warning in
             | large areas of Texas.
        
             | unethical_ban wrote:
             | As a lifelong TX resident, to say Austin gets those three
             | phenomenons in any regular, meaningful sense is inaccurate.
             | They _can_ upon occasion get any of those, but not like
             | Oklahoma gets tornadoes, Houston gets hurricanes, or Denver
             | gets ice storms.
             | 
             | Thunderstorms and wild swings in weather during non-Summer
             | months are definitely mainstream, though.
        
         | [deleted]
        
         | jaywalk wrote:
         | They already have a fab in Austin.
        
           | stjohnswarts wrote:
           | And I believe they already own the land where they'd put it
           | as they'd been planning expansion. I don't see the
           | city/county council going for their plans on 100% tax free
           | infrastructure and property taxes though as Texas pretty much
           | substitutes property tax for income tax. I think it will
           | actually end up being built in Arizona as Austin is doing
           | fine without Samsung trying to bully it in to ridiculous tax
           | incentives.
        
         | bob1029 wrote:
         | The reason is that Samsung already has a huge logistical
         | presence in the city supporting the A2/S2 lines. Adding
         | deliveries & pickups for across the street is much easier than
         | building out a new facility in Arizona and replicating all of
         | that over there.
         | 
         | Additionally, if there is some technical fire in the new PSS
         | fab, it would be expected that employees from the existing fabs
         | could walk across the way and assist. They would probably do
         | something where the existing engineering & manufacturing teams
         | are divided up and shared across the facilities to get
         | everything bootstrapped. Their systems are very strictly
         | standardized, so staff from one factory can very easily support
         | any other in the fleet.
        
       | baybal2 wrote:
       | > New $17B Fab in the USA by Late 2023
       | 
       | Impossible.
       | 
       | Leads times on fab hardware are on all time high.
       | 
       | Not to say that construction, and setup itself would be extremely
       | challenging in such timeframe.
       | 
       | And not saying that US has no supply chain locally for modern
       | fabs. Intel famously flies a lot of its consumables from abroad.
       | 
       | Samsung will have similarly to transport its consumables by air
       | if they go with this plan.
        
         | cgb223 wrote:
         | Sounds like a market opportunity to produce more of those
         | consumables locally
        
         | TrainedMonkey wrote:
         | > There is an intrigue about the new fab though: Samsung hasn't
         | stated which process node it will be designed for.
         | 
         | Let's restate the question. Which node can they get up by 2023
         | and how much of security critical U.S. consumption can that
         | cover?
        
           | baybal2 wrote:
           | > how much of security critical U.S. consumption can that
           | cover?
           | 
           | What US can't source for F-35 locally are Xilinx FPGAs at
           | either 65nm, or 40nm nodes.
           | 
           | The question is not in node size as such as having an FPGA
           | process capability.
           | 
           | FPGAs on generic CMOS don't work great. The ability to tweak,
           | and optimize the process specifically for individual design
           | is huge for FPGAs.
           | 
           | Intel with their CPUs are very much in the same situation,
           | but in reverse. They cannot move from "hand polished"
           | proprietary processes they've been developing for decades to
           | anything else.
        
             | madengr wrote:
             | What process is Xilinx using; not CMOS?
        
               | baybal2 wrote:
               | CMOS, but likelly with much more differences from CMOS
               | for mainstream logic.
        
               | stjohnswarts wrote:
               | I doubt that. FPGA's are just digital circuits. They
               | don't use any onboard "ROM" the vast majority load their
               | programming from an external chip. Where are you getting
               | they don't use standard CMOS tech?
        
               | kevin_thibedeau wrote:
               | Typical SRAM FPGAs use a conventional process but there
               | are architectures that use floating gates and OTP
               | antifuses that need specialized processing.
        
             | robocat wrote:
             | > [Intel] cannot move from "hand polished" proprietary
             | processes they've been developing for decades to anything
             | else.
             | 
             | Later this year TSMC will be producing Intel CPUs on 5nm.
             | Clearly contradicts your assertion.
        
               | monocasa wrote:
               | That's the rumor, but it's still unsubstantiated.
        
         | Beached wrote:
         | doesn't samsung have the capability to create its own fab
         | hardware? if they are the supplier to themselves, wouldn't it
         | be reasonable that they can prioritize delivering to themsleves
        
           | kuschku wrote:
           | ASML is the only supplier for EUV machines. Samsung can't
           | just create those easily themselves (or they would).
        
             | Robotbeat wrote:
             | Is there any reason they couldn't just start with
             | multipatterning 193nm immersion? Maybe even ship that
             | equipment out from a facility being upgraded.
             | 
             | Also, ASML's EUV light source division was fairly recently
             | (2013) acquired from... California. Cymer, LLC.
        
               | baybal2 wrote:
               | > Is there any reason they couldn't just start with
               | multipatterning 193nm immersion?
               | 
               | Time, yields, line size.
               | 
               | Quadruple patterning quadrupples the lithography steps
               | counts. And quadrupples thermal cycles. Which adds _more
               | than 4x_ impact on the number of bad wafers.
               | 
               | 100% - 2% * 4 != 100% * 0.984
               | 
               | You need 4x the equipment to complete the same volume of
               | wafers in the same time, which means 4x the line length.
        
               | kokx wrote:
               | The type of equipment ASML produces generally gets
               | brought in at a specific time during the construction.
               | They kinda build the cleanrooms around ASML's machines
               | instead of bringing them in afterwards.
               | 
               | Retooling for EUV (or any new generation of such
               | equipment) is very hard. Most (if not all) foundries
               | build new factories rather than retooling old ones.
        
               | totalZero wrote:
               | > They kinda build the cleanrooms around ASML's machines
               | instead of bringing them in afterwards.
               | 
               | I know they're massive, but do you have a source for
               | this? I was under the impression that construction and
               | tool installation are two distinctly separate phases of
               | construction due to the requirements for an immaculate
               | environment. Also, my understanding is that companies
               | like to bring the tools in as late as possible to shorten
               | the delay between capex outlay (tools are expensive) and
               | first production.
        
               | kokx wrote:
               | My source for this is my professors at the TU/e in
               | Eindhoven and guest lecturers from ASML (TU/e is the
               | closest university to the ASML campus in Veldhoven).
               | 
               | Unfortunately I don't have a more reliable source on that
               | though.
        
               | baybal2 wrote:
               | Retooling of anymuch modern fabs is not economical.
               | 
               | I don't see much retooling for anything below 45nm, if
               | not 65nm.
        
               | adriancr wrote:
               | multipatterning DUV will get you up to a point if thats
               | what you were asking. You cant reach 5nm with that. (if
               | that were possible you wouldnt see everyone jumping on
               | ASMLs euv bandwagon)
               | 
               | As for lightsource, sure, that was/is a US company, but
               | there's a lot more to a machine then just the light
               | source.
        
           | avs733 wrote:
           | not that I am aware of (read: no unless someone proves me
           | dumb)
           | 
           | Major supppliers include:
           | 
           | Nikon
           | 
           | ASML
           | 
           | KLA-Tencor
           | 
           | Applied Materials (AMAT)
           | 
           | Lam Research
           | 
           | the timeline they are suggesting isn't literally impossible
           | as a matter of phyics but is, to me, laughably unrealistic
           | and likely done to try and extract tax incentives.
           | 
           | Unless they have already broken ground in Texas...and are
           | just shopping for a better deal
        
             | baybal2 wrote:
             | > Major supppliers include:
             | 
             | Add like 100 more companies to the list.
             | 
             | A fab is not only a lithographic line, but a ton of other
             | very unique, industry specific equipment.
             | 
             | Air handling for fabs stuff is up to 24 months lead time,
             | and has no use in any other industry.
             | 
             | Ultra clean water plants -- 9 to 18 months. Just two
             | vendors on the planet.
             | 
             | Gas plants -- take few years to construct by themselves
             | 
             | Chem plants -- again years long lead time equipment from
             | only one vendor in the world
             | 
             | On site mask shops -- equipment, and processes not much
             | cheaper, or less scarce than the last gen chip making gear
             | itself.
             | 
             | Cleaning stations, degassing stations, industry specific
             | SCADA hardware, AMHS... (https://youtu.be/XKXZT-BBUEE)
             | 
             | Post-backend stuff...
             | 
             | The list will go on for a few screens.
        
               | avs733 wrote:
               | I'm honestly surprised we have not seen a blank wafer
               | shortage. I remember the craziness post 2011
               | earthquake..."well how many wafers do we have"
        
               | nl wrote:
               | There is a blank wafer shortage, but - strangely - for
               | 200mm wafers (not the state-of-the-art 300mm ones)
               | 
               | https://www.extremetech.com/computing/318554-a-massive-
               | chip-...
        
               | totalZero wrote:
               | Interesting. Tells us something about the maturity of the
               | products seeing unanticipated demand.
        
               | avs733 wrote:
               | I wouldn't even have thought to look at 200mm for a
               | shortage. That is an (in hindsight) obvious corner of
               | death for these processes/products I wouldn't even have
               | thought of.
        
               | mhh__ wrote:
               | Even a Pencil (I, Pencil) takes thousands and thousands
               | of people, I'm guessing it's on the order of millions for
               | a big fab.
        
         | Spooky23 wrote:
         | Pretty sure that the Global Foundries fab in New York didn't
         | take much longer once funded.
        
         | f430 wrote:
         | baybal2's comment is incorrect. this is merely an expansion on
         | top of their existing capacity in Texas.
        
           | baybal2 wrote:
           | If it is, than it makes more sense.
           | 
           | But still, if it was a greenfield project, than it would've
           | been nonsense.
        
         | [deleted]
        
         | sdenton4 wrote:
         | Prior art: https://www.google.com/amp/s/amp.theguardian.com/us-
         | news/202...
         | 
         | Foxconn promised a giant fab in exchange for massive tax
         | breaks, and then just took the tax breaks and did nothing. Any
         | reason to expect this is different?
        
           | [deleted]
        
           | boardwaalk wrote:
           | Samsung already has a fab in the U.S. That's reason to expect
           | different.
           | 
           | I'm not going to say Foxconn was doing business the way
           | Chinese do business, but maybe there's a culture thing there.
        
             | baja_blast wrote:
             | Another thing is the type of manufacturing Foxconn does is
             | extremely labor intensive, it's essentially assembly shops.
             | No way paying US wages would be competitive for them. But
             | things like semiconductor manufacturing requires way less
             | people so salary differences are negligible.
        
             | blackrock wrote:
             | Foxconn is a Taiwanese company.
             | 
             | Every HN'er here promotes for the freedom and democracy
             | loving people of Taiwan. They even claim it's a country.
             | 
             | So get your "country" correct.
        
           | rossdavidh wrote:
           | Well Samsung has already built a fab in Austin, Texas, and it
           | has run for many years, so that's one reason.
        
           | WillPostForFood wrote:
           | >then just took the tax breaks
           | 
           | They didn't get the tax breaks because they didn't meet the
           | targets.
           | 
           | From your article:
           | 
           |  _After Foxconn failed to meet its job creation targets,
           | Wisconsin's governor, Tony Evers, last month pulled a deal
           | that would have handed the company nearly $4.5bn in
           | incentives for completing its plans._
        
             | tootie wrote:
             | I absolutely don't understand Foxconn's game there. Was
             | this just a scam from the start? What was the upside for
             | them? Or did they actually intend to follow through and
             | just failed?
        
               | aeturnum wrote:
               | My read on the situation is they saw the opportunity to
               | get subsidies and so negotiated to maximize what they
               | were given. I imagine it comes from some maximalist
               | position that says that if you plan to do X, you need to
               | say you'll do 10X so you never 'lose out' on subsidies
               | you might have been able to take advantage of in the good
               | years.
               | 
               | A lot of the reporting at the time emphasized that
               | Foxconn had a history of doing this in other countries.
               | It seems like a negotiating tactic that evolved in an age
               | of cynical political environments where everyone's
               | proximate goal is to announce a 'deal' with the full
               | expectation that they won't be in a position to take
               | credit (or blame) for the quality of that deal.
        
               | ethbr0 wrote:
               | I don't think Foxconn saw this as screwing anyone. I
               | think they saw it as doing business the way they
               | typically do in China.
               | 
               | What would have happened if this deal had been done in
               | China?
               | 
               | No one would have reported on the failure. The local jobs
               | numbers would have "jumped." Infrastructure would have
               | been "built." Everyone would have gotten a pat on the
               | back and/or promotion for hitting their economic targets.
               | 
               | The weakness of command-style political systems have
               | always been that they incentize systemic lying.
        
               | aeturnum wrote:
               | Foxconn is an international company that operates in many
               | countries outside of China. Suggesting they are too
               | simple to realize the business climate is different
               | outside of China seems insulting and infantilizing. Their
               | operating income is ~$180 billion USD a year. They are
               | aware that business conditions are different in different
               | countries.
        
               | ethbr0 wrote:
               | The Foxconn deal had $3-4.8B worth of subsidies attached,
               | and investigative reporting says the branch of the
               | company executing on the opportunity couldn't even
               | accomplish basic tasks like "Decide what to build" or
               | "Decide what skills were needed in hired staff."
               | 
               | The takeaway is that either (a) everyone who touched the
               | Wisconsin project is an idiot, but an outlier in the
               | company, or (b) the failure to execute in Wisconsin is
               | indicative of the general state of the company.
               | 
               | (a) seems like a stretch, given the project's size and
               | visibility. Ergo, (b).
        
               | aeturnum wrote:
               | Leaving a subsidy on the table is not exactly like
               | leaving money on the table for either party. They lower
               | costs and lower the tax revenue from a business, but they
               | don't represent a cost (outside of the cost to negotiate
               | and write the deal). It seems like calling the people
               | involved idiots (or suggesting the entire company
               | is...setting itself up to fail to execute?) requires
               | knowing internal details of Foxconn's financials.
               | 
               | Like, a $1bn increase in revenue would be less than a 1%
               | increase for Foxconn. That suggests they're probably
               | willing to bear extremely high costs to establish new
               | sites, as long as those sites will eventually yield
               | significant revenue. Their negotiating tactics here seem
               | short sighted from my point of view, but when you're as
               | large as they are you create your own conditions.
               | 
               | Edit: Like...this deal seems to allow them to operate any
               | of their businesses in Wisconsin. If they decide not to,
               | they burn bridges in Wisconsin, but they wouldn't care
               | about burning those bridges because burning them means
               | they don't want to do business in the state. It seems
               | like all they lose is their negotiators' salaries, small
               | (for them) facilities costs, and whatever general
               | goodwill they lose.
        
               | AaronFriel wrote:
               | This may be too political for Hacker News, but...
               | 
               | Hope that the Governor of Wisconsin stayed a Republican?
               | Now, that's not to say Democrats can't engage in grift,
               | but, the deal was started under a Republican Governor in
               | a notoriously corrupt state where the promise of Foxconn
               | jobs was lauded by legislators, the governor, and the
               | former President as a win for the people of the state,
               | for our country, and a blow to China (that we were taking
               | jobs back).
               | 
               | Foxconn's incentives seemed aligned with promising the
               | moon and if those people were reelected, well, wouldn't
               | compensating Foxconn for those promises and their outcome
               | (the election outcome, not the factories) be fair?
        
               | NotSammyHagar wrote:
               | Foxconn leaders seemed to be trying to create a big
               | project that appeared to create lots of jobs to appeal to
               | Trump (perhaps so the prez could point to it as jobs
               | created, and then maybe Foxconn would get something out
               | of it?) and less caused by the gov of Wisconsin. I agree
               | it looked obviously like a silly deal that made no sense.
        
               | boomboomsubban wrote:
               | Why would Foxconn care who governs Wisconsin?
        
               | AaronFriel wrote:
               | Foxconn negotiated a deal with members of a political
               | party that was in power, that deal was an empty promise,
               | and those power brokers used that promise from Foxconn as
               | part of their political messaging with the hope of being
               | reelected.
               | 
               | Had those politicians stayed in office, it's possible
               | they would reward Foxconn for participating in the
               | charade that helped them obtain reelection. Is it
               | certain? No, I won't say it is.
               | 
               | But, what else was Foxconn's goal if not to actually
               | realize those incentives without having to make the
               | investment to justify them? They knew they were promised
               | an enormous incentive by the state, and they knew that
               | they would not fulfill their end of the bargain. If they
               | also knew that they wouldn't realize those incentives,
               | why did they pursue them? The simplest answer is that
               | they fully intended to realize them.
               | 
               | Surely at least some of the negotiators of that deal
               | legitimately believed that the other party - the
               | Republican Governor and majority legislature in the state
               | - would play ball?
        
               | dodobirdlord wrote:
               | If the deal never really made sense and was just a ploy
               | by the Governor to drum up support, then a change in
               | administration would mean that the new administration has
               | no interest in paying off Foxconn for their part in the
               | charade.
        
               | aj7 wrote:
               | Exactly.
        
               | tootie wrote:
               | But what the hell does Foxconn get out of it? The deal
               | was for tax breaks which only pays off if you have taxes
               | to pay on profits or real estate and they don't have
               | either. They didn't come close to meeting the employment
               | goals for the deal to kick in either. So, they puff up
               | some local Republicans which reflects a bit on the
               | president. Then they embarrass themselves and everyone
               | who promoted the deal and end up in the exact same
               | financial position as before. This just feels like a big
               | screw up more than a conspiracy.
        
               | AaronFriel wrote:
               | Perhaps you should ask Foxconn why they are so
               | strenuously objecting to the new leadership not holding
               | up their end of the deal?
               | 
               | Many people's gut reaction to a whiff of partisanship
               | here or suggestion of corruption or conspiracy is to push
               | back hard. Well, dammit, what did Foxconn want to get out
               | of it except for billions of dollars in ill-gotten tax
               | incentives?
               | 
               | I'm responding so incredulously to you because everyone's
               | motivations here was advertised loudly. It's not a
               | conspiracy if it happens in broad daylight.
               | 
               | It seems clear to me that they wanted to not have to pay
               | taxes in Wisconsin for many, many years to come.
               | 
               | https://apnews.com/article/technology-
               | wisconsin-d3f025e43ab0...
        
               | helloworld653 wrote:
               | Pretend, delay, outlast.
        
             | _jal wrote:
             | The tax breaks to Foxconn were just one aspect of the deal,
             | and unless you're specifically interested in Foxconn, it
             | makes sense to look at everything that happened.
             | 
             | Hundreds of millions were spent on variously infra
             | improvements, eminent-domaining people out of the way,
             | lawyers, etc.
             | 
             | https://www.chicagotribune.com/suburbs/lake-county-news-
             | sun/...
             | 
             | I actually don't know how much Foxconn did get out of it.
             | They've apparently run similar scams elsewhere, it appears
             | to be a Foxconn side gig.
             | 
             | There's a fun book in here for a scrappy investigative
             | journalist.
        
               | WillPostForFood wrote:
               | _Hundreds of millions were spent on variously infra
               | improvements, eminent-domaining people out of the way,
               | lawyers, etc._
               | 
               | This is potentially wasted money, but it did not go to
               | Foxconn, and presumably created infrastructure jobs. Not
               | defending the deal, but it is often mischaracterized. The
               | benefits to the companies usually are tax rebates that
               | are only valuable if the company makes real investments
               | that are taxable. They are not direct payments.
        
               | imtringued wrote:
               | >This is potentially wasted money, but it did not go to
               | Foxconn, and presumably created infrastructure jobs.
               | 
               | If Foxconn tricked a local government into providing free
               | "useful" infrastructure it could just rent that "useful"
               | infrastructure out to a different company and thus
               | capture the entire tax benefit. However, they didn't even
               | do that... The money was fully wasted.
        
               | _jal wrote:
               | Purpose-built infra is almost always wasted if the
               | purpose is unfulfilled; sure, maybe someone else can find
               | a way to use it, but it was built to do things nobody
               | needed.
               | 
               | > and presumably created infrastructure jobs
               | 
               | Usually you hear people complain about dig-a-hole-then-
               | fill-it-up jobs. But if we're going to start supporting
               | those, it would be best not to tie them to scams, I
               | think.
        
               | bohadi wrote:
               | > and presumably created infrastructure jobs
               | 
               | Yeah. Sounds a lot like the dig-up-all-the-carbon-burn-
               | then-bury-it-again civilizational project going on the
               | past 100, and next 100 years.
               | 
               | What exactly was the purpose to "re-arranging small bits
               | of matter near the surface of the earth" again? [1]
               | 
               | Basically I wanted to make a comment about greedy
               | exploitation-exploration trade-off strategies here but
               | will stop short at this kind of eliptical passing remark.
               | 
               | [1] paraphrasing Russell in https://en.wikipedia.org/wiki
               | /In_Praise_of_Idleness_and_Othe... it is appropriate
               | given current moment
        
               | imtringued wrote:
               | >What exactly was the purpose to "re-arranging small bits
               | of matter near the surface of the earth" again?
               | 
               | From the same man that proposed the idea of "re-arranging
               | small bits of matter near the surface of the earth".
               | 
               | >It would, indeed, be more sensible to build houses and
               | the like; but if there are political and practical
               | difficulties in the way of this, the above would be
               | better than nothing.
               | 
               | It's a social hack to get around idiotic situations. It's
               | like moving to mars because you are worried about a
               | nuclear war or climate change. Dumb games require dumb
               | players.
        
               | csmiller wrote:
               | There was an interesting episode of Reply All on this
               | https://gimletmedia.com/shows/reply-all/2ohgza
        
               | specialist wrote:
               | > _eminent-domaining people out of the way_
               | 
               | On top of everything else, abuses of eminent-domain,
               | civil forfeiture, and so forth really, really bother me.
               | 
               | In principle, I unconditionally support the right of the
               | polis (the government) to do what needs to be done. My
               | own city basically used extralegal means to wrestle
               | numerous blighted, condemned properties away from a
               | trust. The creators of the trust were dead and no one was
               | left to negotiate.
               | 
               | But hot damn these levers of power get abused.
               | 
               | Please recommend any books, articles, etc advocating
               | reforms.
        
               | [deleted]
        
               | bilbo0s wrote:
               | Well, as a Wisconsinite I'd be remiss in not pointing out
               | that this is the Chicago Tribune. Chicago and Illinois
               | are always gleeful about the various piles of excrement
               | we land ourselves in here in Wisconsin.
               | 
               | That said, yeah, I also have to be honest. We're down
               | about 1 billion dollars on that Foxconn thing. That's
               | what we're out of pocket. The new governor, wisely, took
               | what remained of our chips and left that table. You get
               | mad, but you just have to chalk it up to a learning
               | experience.
               | 
               | The Illinois people are right on this one by the way. Not
               | even in Illinois would their leaders get away with a 5.5
               | billion dollar con. The people in Illinois are so used to
               | dealing with corruption that they would have started
               | asking questions and raising a fuss long before it got to
               | that point. Our problem is that we're so accustomed to
               | our corruption that we never raised a fuss until it was
               | way too late.
               | 
               | All that said, in Wisconsin our leaders didn't get away
               | with 5.5 billion dollar con either technically speaking.
               | Scott Walker and his boys got us for about a billion, but
               | they didn't get as much as they wanted. So fibs shouldn't
               | gloat too much, because while I can't see anyone in
               | Illinois getting away with a 5.5 billion dollar pure con,
               | I could see someone getting away with maybe a billion.
               | (It's just that they're far more wealthy than we are, so
               | that billion doesn't hurt as much.)
        
               | ProAm wrote:
               | > you just have to chalk it up to a learning experience
               | 
               | Everyone knew from the start this was a BS deal and never
               | going to happen or make ANY sense. This was pure
               | incompetence at a political level that was paid for by
               | tax payers.
        
               | didibus wrote:
               | I'm definitely taken aback with how you speak of this
               | like its two sports team.
        
           | bgorman wrote:
           | Nit: factories are not fabs, "fabs" refers to semiconductor
           | manufacturing factories.
        
           | _jal wrote:
           | Foxconn was an obvious con from the start. If you go back and
           | look at contemporaneous reporting, even the "MSM" reporting
           | was a bit incredulous - it just was really obvious, with only
           | certain politicians claiming otherwise.
           | 
           | Which is not to say this won't become a cesspool, too. But at
           | the very least, I don't see scummy pols waving wads of cash
           | at Samsung right now.
        
         | dmeeker wrote:
         | Samsung has a long-term capital and capacity planning process.
         | Isn't it possible (if not likely) that they would pre-order
         | equipment as part of capacity planning without having already
         | decided where it's going to be deployed?
        
           | ksec wrote:
           | >Samsung has a long-term capital and capacity planning
           | process.
           | 
           | This. Samsung is another company like Amazon that takes long
           | view and flywheel to another level. And to answer question to
           | comment below. Yes at one point Samsung was trying to make
           | their own EUV Scanner, if you consider their NAND and DRAM
           | scale it should comes as no surprise. And Samsung has their
           | own Chemical Subsidiary along with dozen of others for their
           | Foundry. They are taking vertical integration to an extreme.
           | 
           | And that is speaking as someone who dont particularly like
           | Samsung. But Credit where Credit's due.
        
             | to11mtm wrote:
             | Let's also not forget their digital imaging line,
             | specifically their foray into Mirrorless cameras
             | 
             | Sure, they shelved it (Hard to compete with established
             | players who can spread R&D over volume), but people were
             | pretty amazed at how well Samsung did entering that market
             | from a quality standpoint.
             | 
             | Why does that matter? Because that indicates they have
             | plenty of skill in lens manufacture, which is another
             | critical component to a good fab.
        
               | totalZero wrote:
               | Makes you wonder why one of the major semiconductor
               | equipment companies doesn't team up with Canon or Nikon
               | and compete with ASML/Zeiss.
        
               | MarkSweep wrote:
               | Canon and Nikon already makes their own lithography
               | machines:
               | 
               | https://global.canon/en/product/indtech/semicon/
               | 
               | https://www.nikon.com/products/semi/
        
               | totalZero wrote:
               | That's right. Deep UV. They all but threw in the towel on
               | EUV.
               | 
               | But the difference is that ASML + Carl Zeiss absolutely
               | run the market.
               | 
               | Nikon has about 10% market share, and Canon 5%. The rest
               | is basically ASML.
               | 
               | The thought on my mind is that any one of the major
               | American semiconductor equipment manufacturers could
               | partner with either of the two Japanese optics houses.
               | Canon is worth about US $25B, and its semiconductor
               | business generates about a fifth of its revenue. It's big
               | enough to be useful, but small enough to be acquirable.
        
           | avs733 wrote:
           | it's possible but it's going to take at least a year to build
           | the building, another year or so to install, and another year
           | to qual (these are ballparks).
           | 
           | Not to mention they have to staff the thing, train the staff,
           | etc.
        
             | babelfish wrote:
             | All of those things can be parallelized. It's one thing to
             | say "opening by the end of 2023 is unlikely", but to say
             | it's impossible is unnecessarily dismissive.
        
               | singhrac wrote:
               | While I'm also optimistic on Samsung's ability to execute
               | some version of this plan, those things can't be
               | parallelized. You can't set up a complex water delivery
               | mechanism until after the building is completed and the
               | cleanroom has been built to spec and tested, and you
               | can't calibrate the gigantic ASML machines until after
               | that.
        
               | jedberg wrote:
               | But you can train the staff in Korea (or at any other
               | running fab) and have them ready to go the day it's
               | qualified.
        
               | avs733 wrote:
               | You can't parallelism those... you need a building to
               | install tools in it. You need the tools installed to qual
               | them. You need the tools quaked to qual a process...
               | 
               | From personal experience I would posit scaling
               | semiconductor manufacturing as 10x to 50x harder than
               | getting a process flow to work in a development fab.
               | Ramps are absolutely killer.
        
             | shard wrote:
             | That seems like a reasonable timeline, which means the fab
             | will be online by 2023, just like the article says. Mass
             | production won't start until 2024, though.
        
         | m3kw9 wrote:
         | Probably not at 100% capacity.
        
         | avs733 wrote:
         | comparative data point:
         | 
         | Intel's last fab build took 9 years to go from green field to
         | producing wafers (note...faster is possible)
         | 
         | https://www.tomshardware.com/news/intels-long-awaited-fab-42...
         | 
         | Some more realistic notes because I sound a little hyperbolic:
         | 
         | 2011 - break ground
         | 
         | 2013 - finish basic construction
         | 
         | 2014 - stop progress
         | 
         | 2017 - start install of tooling
         | 
         | 2020 - production
        
           | shard wrote:
           | Intel does not run at Korean speed.
           | 
           | Samsung's Pyeongtaek Line 3 fab broke ground in 09/2020,
           | construction expected to be complete by 2H/2021, mass
           | production by 2023. This is not an unreasonable speed for
           | Samsung.
           | 
           | Of course, the slower rate of work by American construction
           | companies could slow this down.
        
             | avs733 wrote:
             | I would bet money on this one. No first complete wafers in
             | 2023.
        
         | gok wrote:
         | It's an expansion of an existing fab
        
         | Nokinside wrote:
         | New fab in 4 years is manageable. It may have been in plans for
         | some time, they just chose a new location now.
         | 
         | They build it in Arizona where Intel has several fabs and where
         | TSMC is building their medium-sized 25K/month 5nm Megafab.
        
           | baybal2 wrote:
           | 25k starts a month is not a megafab
        
             | Nokinside wrote:
             | It's a megafab. It's not a gigafab.
             | 
             | megafab means medium capacity in TSMC's terminology.
        
         | nine_k wrote:
         | Since they are expanding an existing facility, many complex
         | things might be already available on the site, and building the
         | rest in 3 years may be realistic.
        
       | DC1350 wrote:
       | If you're wondering like me why they would bother building in an
       | expensive country with fewer qualified workers:
       | 
       | "To build a leading-edge manufacturing facility, Samsung needs
       | rather huge incentives from authorities. In particular, Samsung
       | is requesting combined tax abatements of $805.5 million over 20
       | years"
        
         | adriancr wrote:
         | 17B investment for 805M tax rebates... over 20 years... 5% of
         | invested ammount... seems just like a way to get government
         | involved and avoid them blocking investment.
        
           | reddog wrote:
           | Only a small fraction of that $17B would be spent on building
           | the plant and hiring workers (1800 jobs is what I've read).
           | Most is for the extremely expensive equipment used to produce
           | the chips and that will be bought and shipped in from
           | elsewhere.
        
             | adriancr wrote:
             | First, those 805M are tax rebates, they need to generate
             | taxable profits to get anything back.
             | 
             | Second, even the 1800 jobs, say 100k avg - 180M a year vs
             | 42M reduced taxable profits?
             | 
             | Apart from that, sure, you have huge equipment costs, where
             | they come from now means its an opportunity for local
             | companies to get in the supply chain.
             | 
             | I'm not sure what you are implying but this seems like a
             | win anyway.
             | 
             | It's also interesting to see companies investing in the US,
             | it means there are opportunities long term and US hasnt
             | lost the chip sector.
        
             | tinalumfoil wrote:
             | Presumably the government values US-based factories for
             | reasons beyond just domestic employment (even if that's the
             | biggest factor). Being able to produce chips in the US is
             | good for national security.
        
               | reddog wrote:
               | Yes is is good for the US, but not so much for the Manor
               | Independent School District that is being ask to not
               | collect property (school) taxes on the plant despite the
               | massive increase in attendance that it will generate.
        
               | adriancr wrote:
               | wouldn't income tax on employees or sales tax fix that?
        
               | bluedino wrote:
               | School districts get some federal funding, but it's
               | mostly from property taxes.
        
               | pelliphant wrote:
               | I have no idea how american school funding works, but
               | property taxes? Is that really true?
               | 
               | That would mean that schools in richer areas with higher
               | property values got more funding?
        
               | totalZero wrote:
               | I think you're right. Semiconductor manufacturing is not
               | a particularly employee-dense business, and the US must
               | sustain power projection in the South China Sea and on
               | the Korean Peninsula in the status quo, all the time,
               | rain or shine. Even if you don't think about the product
               | and supply chain, but only look at externalities, the US
               | is less trapped in a battle of brinkmanship over Taiwan
               | and South Korea if it has an alternative source of
               | semiconductors in case of emergency. Keeping critical
               | tech manufacturing in the Americas actually makes it
               | easier for us to protect our allies in the Asia-Pacific
               | region, by giving us less reason to make aggressive-
               | looking moves that can be misinterpreted as offensive by
               | China.
               | 
               | Still, there is a clear economic benefit from such a move
               | closer to home, even in times of peace and
               | predictability. The US economy is all about outsourcing
               | the basement and keeping the penthouse. But the hosts of
               | our outsourced industry can "tech up," so to speak. If we
               | let Asia-Pacific totally dominate the semiconductor
               | fabrication industry, it's only a matter of time before
               | they dominate the semiconductor design industry as well.
        
               | httpz wrote:
               | While true that's more of a federal government interest
               | while the tax breaks are coming from the local
               | government. Maybe the local government will ask for some
               | funding from the federal government.
        
         | eqetnjxad wrote:
         | It is strategically important for the US govt to have fabs in
         | the US rather than next door to China.
        
         | Flockster wrote:
         | So 40 million per year? That does not sound like much..
        
           | tyingq wrote:
           | _" which essentially means that Samsung demands a 100% tax
           | abatement from the county and 50% from the city."_
           | 
           | So the figure couldn't really be much larger.
        
             | WillPostForFood wrote:
             | 50% tax abatement for 5 years from the City (which has a
             | ~50% higher tax rate than the county). I can think of a lot
             | of ways it could be much larger. How about 100% abatement
             | for 5 years? 50% abatement for 20 years? 100% abatement for
             | 100 years?
        
               | tyingq wrote:
               | _" 50% abatement for 20 years?"_
               | 
               | The article reads like that's what they are asking for
               | from the City.
        
         | stjohnswarts wrote:
         | It's called Automation. Samsung can move senior people around
         | to teach new people. It's not rocket science. Also they will
         | never get that tax abatement from the current Austin city
         | council. There's no way. They might get 20-25%
        
       | rmac wrote:
       | Can someone smarter than me explain why larger companies (e.g.,
       | samsung, amazon) can get 50-100% tax breaks from various
       | governments, and we are all seemingly ok with that? What about
       | mid-size businesses? Should they band together to come up with
       | the same "we'll create X jobs in your town claim"?
       | 
       | Whatever happened to taxing the rich?
        
         | eqetnjxad wrote:
         | 50% of a big number can be bigger than 100% of a smaller
         | number.
        
         | Traster wrote:
         | I'm not sure many people are particularly happy with it, but
         | it's a fundamental problem. If you give different levels of
         | government the ability to tax people, then private corporations
         | are going to have the ability to shop around tax jurisdictions
         | to get the best deal, and atleast some of those jurisdictions
         | are going to include places that are deeply republican and
         | believe it's good to have low tax revenue, and even better to
         | attract businesses.
         | 
         | So what do you do? Create federal laws to control state aid and
         | watch as libertarians/states rights people spontaneously
         | combust.
        
           | rmac wrote:
           | Yeah I'm not sure what a policy-solution would be here. I'm
           | definitely for allowing states to do whatever they want. It's
           | the great A/B test.
           | 
           | Just seems like the smallest businesses and the largest
           | businesses get the most deals and those in the middle get
           | hosed. Maybe that's working as intended.
        
         | minikites wrote:
         | The reasoning, as I understand it: if we taxed rich people too
         | much, it would discourage other people from wanting to be rich,
         | which is bad for the economy.
        
           | pelliphant wrote:
           | No, that is not it. =)
           | 
           | If you are rich enough you can pick what country gets to tax
           | you, if one country raises the tax too much, rich people will
           | just move their taxable assets to another country.
        
           | JohnJamesRambo wrote:
           | Wow it would stun me if people were this stupid but I guess
           | it is possible.
           | 
           | "Socialism never took root in America because the poor see
           | themselves not as an exploited proletariat, but as
           | temporarily embarrassed millionaires." -disputed John
           | Steinbeck quote
        
           | imtringued wrote:
           | Economics is never about absolutes.
           | 
           | It's always about the right response to the right situation.
           | Taxes should be raised in an inflationary environment and
           | lowered in a deflationary environment. The reasoning is quite
           | intuitive. Inflation is a boom, deflation is a bust. It's
           | easier to make money in a boom so the economy can support a
           | greater tax burden. In a bust it's difficult to make money
           | which means the economy can only support a lesser tax burden.
           | 
           | So the questions are "What is currently booming?" "What is
           | currently undergoing a bust?". Well, obviously housing and
           | stocks are booming. Wages are stagnating and thus are
           | undergoing a (relative) bust. Just blindly reducing taxes on
           | one side can be just as harmful as it can be good.
        
             | specialist wrote:
             | Economy is literally the measurement of the movement of
             | money. aka Velocity of money.
             | 
             | People hoard money. Rich people manage to hoard a lot. All
             | the hoarding is slowing the money down. Depressing the
             | economy.
             | 
             | > _Taxes should be raised in an inflationary
             | environment..._
             | 
             | Did you mean spending? Because then you'd be touching on
             | the philosophical difference between Keynesians and Modern
             | Monetary Theorists (MMT). Whereas as most classical Liberal
             | economists emphasized deficits, MMT emphasizes inflation.
             | (Or maybe you're nodding towards the Laffer Curve.)
             | 
             | Regardless. Taxes are how governments pull money thru the
             | economy. If we want to keep the money moving, thereby grow
             | the economy, we need to tax the hoards.
             | 
             | --
             | 
             | In the case of more tax breaks, abatements for Samsung,
             | things are a little different.
             | 
             | Samsung's just exfiltrating money. From Austin, from Texas,
             | from the USA.
             | 
             | Since our polis can no longer have a rationale discussion
             | about taxes, "omgherd taxes are theft", I propose a novel
             | solution:
             | 
             | Austin should become a Samsung shareholder. Holdings equal
             | to the value of the tax breaks. Like for like. Mutual cross
             | holding investments, just like a true keiretsu.
        
             | minikites wrote:
             | >Just blindly reducing taxes on one side can be just as
             | harmful as it can be good.
             | 
             | Name any right-wing politician who has ever said something
             | like this. Your explanation is nice in theory, but it's
             | never been part of the national discussion about taxation.
        
         | jonplackett wrote:
         | Because people/companies with bargaining power can get things
         | more easily.
         | 
         | USA wants chips manufactured in the USA for jobs and probably
         | more importantly for national security. Too many chips made
         | in/near China + Intel going down the toilet.
        
           | rmac wrote:
           | When US universities sold out to china $ the national
           | security argument went out the window as labs were willingly
           | giving the r&d away.
           | 
           | I don't know much about semi plants but what sort of jobs are
           | these? Why aren't these plants all automated?
        
         | pelliphant wrote:
         | It is super difficult to actually do that when tax laws are
         | national but corporations are global.
         | 
         | When a corporation is large enough to be able to move around in
         | the world they can start shopping around for the most
         | advantageous place to set up shop.
        
       | kansface wrote:
       | I know SV wasn't in the running, but I can't imagine the Bay Area
       | or California even addressing the permits by 2023... On another
       | note, does anyone know if the supply
       | chain/parts/materials/machinery can be sourced from outside of
       | Chinese suppliers?
        
         | adrianmonk wrote:
         | Probably one advantage of the proposed Austin site is that it's
         | only a 10-minute drive from the Austin location of Applied
         | Materials (https://www.appliedmaterials.com/), a really large
         | manufacturer of equipment for fabs.
        
           | DavidPeiffer wrote:
           | I wonder if a large fab is a "if you build it, they will
           | come" type situation? When I worked at Micron in Boise, the
           | surrounding area had many fab suppliers.
        
             | AnimalMuppet wrote:
             | Hmm. And that makes me wonder if the city might be right to
             | give all those tax breaks to the foundry. They get to
             | charge full tax on all the businesses that come there as
             | suppliers to the foundry.
        
         | cma wrote:
         | Maybe earthquake risk (though they are still in earthquake
         | prone areas elsewhere)? https://semiengineering.com/recent-
         | earthquakes-highlight-ris...
        
         | totalZero wrote:
         | > does anyone know if the supply
         | chain/parts/materials/machinery can be sourced from outside of
         | Chinese suppliers?
         | 
         | I don't believe there's a single part of the semiconductor
         | supply chain that is exclusively available from China.
        
           | reaperducer wrote:
           | _I don 't believe there's a single part of the semiconductor
           | supply chain that is exclusively available from China._
           | 
           | I agree with you. But the parent comment reminds me of when
           | Apple started making computers in Austin and HN was full of
           | people saying, "No, you can't build computers in America
           | because America doesn't have any screws, and can't possibly
           | figure out how to make its own!"
           | 
           | Time and money solve all problems. Even supply chains.
        
             | adventured wrote:
             | The nice thing about China at its present stage of
             | development is that everything made in China will
             | perpetually get more expensive to make there and that will
             | provide an ongoing advantage gain to every other location
             | around the world that has until recently been at a steep
             | cost disadvantage to China. Five to seven years ago it was
             | already nearing cost-even to begin making things in the US
             | again vs keeping that manufacturing in China, that will
             | continue to tilt in the favor of the US by the year.
        
               | baybal2 wrote:
               | I doubt
               | 
               | If it was only cost... Cost of manufacturing labour is
               | already lower in _most_ of US territorially than in
               | China, and is dramatically lower in other poorer
               | countries.
               | 
               | The saying is that only $2 of iPhone is manual labour.
        
               | Qwertious wrote:
               | >The saying is that only $2 of iPhone is manual labour.
               | 
               | $2 under which wage? Like, is it $2 at $1/hr or $2 at
               | $20/hr?
               | 
               | If the latter, it's negligible. If the former, it's an
               | extra $39 which is apparently huge in the context of
               | manufacturing.
        
               | someperson wrote:
               | Samsung smartphones shows that assembly in China is no
               | longer required: no Samsung smartphone is made in China
               | anymore. They're mostly made in Vietnam and now India
               | (with some small scale manufacturing in a bunch of
               | protectionist countries like Brazil for domestic demand
               | but not for export)
               | 
               | The age of China being the factory of the world is
               | ending. And that was _before_ Trump 's trade war.
        
               | totalZero wrote:
               | Samsung still has some ODM devices assembled in China.
               | 
               | https://www.reuters.com/article/us-samsung-elec-china-
               | focus/...
        
               | someperson wrote:
               | Thanks for the correction. A few years ago I did read
               | that they had low-volume ODM devices made in China for
               | the Chinese domestic market. 80% of Samsung's smartphones
               | being made outside China is still great though.
        
               | baybal2 wrote:
               | You need to know difference in between assembly, and
               | manufacturing.
               | 
               | Just screwing parts, and subassemblies coming from China
               | is assembly.
               | 
               | Manufacturing implies integration not on just parts, and
               | subassemblies level, and having much bigger part of the
               | supply chain under one roof.
        
             | tobylane wrote:
             | I heard recently that that Apple factory's output was
             | limited by the number of screws their local supplier could
             | make per week. Can this be called a solved problem? They
             | just stopped depending on the US supplier.
             | https://www.nytimes.com/2019/01/28/technology/iphones-
             | apple-...
        
         | quasirandom wrote:
         | I've been meaning to do a deep dive on semiconductor supply
         | chains for a while now. I'd start by aggregating annual reports
         | for the companies named in [1], identify their major categories
         | of capex, gather information about their suppliers, and
         | recurse.
         | 
         | [1]
         | https://www2.deloitte.com/content/dam/Deloitte/cn/Documents/...
        
           | mdocherty wrote:
           | I am doing the same. I started at the SMH etf and have been
           | working downwards. It's interesting stuff!
        
           | AareyBaba wrote:
           | Don't miss Ajinomoto - the company that makes msg (monosodium
           | glutamate). They also make ABF (Ajinomoto Build-up Film) that
           | is used in circuit fabrication and is currently in short
           | supply.
           | https://www.ajinomoto.com/innovation/action/buildupfilm
        
         | 11thEarlOfMar wrote:
         | China cannot fabricate semiconductors exclusively on Chinese
         | machinery. In fact, there is very little viable Chinese-made
         | equipment at state of the art technology. They must source
         | machinery primarily from the US [AMAT, LRCX, KLAC], Japan [TEL,
         | Screen] and Europe [ASML].
        
       | [deleted]
        
       | nexthash wrote:
       | This is awesome! The US needs domestic chip manufacturing, in
       | order to be able to effectively compete, take business from, and
       | vanquish China on all fronts. This includes AI, automobiles, the
       | cloud, etc. The coming technology arms race is looking to be like
       | a second Cold War, so we need to remember the lessons of the
       | first (like containment) and apply them again.
        
         | free_rms wrote:
         | I'm all for securing domestic chip manufacturing but can we
         | stop with the vanquishing? It sounds like you're talking about
         | an army of orcs.
        
         | gruez wrote:
         | >This is awesome! The US needs domestic chip manufacturing, in
         | order to be able to effectively compete, take business from,
         | and vanquish China on all fronts.
         | 
         | Have you forgotten all the intel/GF fabs?
         | 
         | https://en.wikipedia.org/wiki/List_of_Intel_manufacturing_si...
         | 
         | https://en.wikipedia.org/wiki/GlobalFoundries#Fabrication_fa...
        
           | nexthash wrote:
           | Yep, and it's wonderful that we have important fabs that
           | haven't moved production out of the US. However, other parts
           | of the chip supply chain _have_ been moved out of the US,
           | such as iPhone chip manufacturing and stuff related to data
           | centers  & servers. While this can help lower prices, it also
           | increases the risk of the US losing control of IP and having
           | its technology compromised.
           | 
           | Remember when in 2018 SuperMicro servers sold to Apple were
           | compromised by a small chip inserted by a Chinese sub-
           | manufacturer? [1] Or how iPhone designs sometimes get leaked
           | by employees of Foxconn in Taiwan? [2] We've got fabs in the
           | US, but I believe domestic chip manufacture should become
           | central policy to prevent incidents like this.
           | 
           | [1] https://www.bloomberg.com/news/features/2018-10-04/the-
           | big-h...
           | 
           | [2] https://bgr.com/2019/08/14/iphone-11-release-date-soon-
           | foxco...
        
             | skazazes wrote:
             | Did anything ever come of that bloomberg article?
             | Supermicro denied all allegations, but also began moving
             | production out of China from what I can find online.
             | Outside of a tech blog or two I haven't heard anything of
             | it again
        
             | [deleted]
        
             | dchest wrote:
             | [1] is generally considered an incorrect story. It was
             | denied by every party involved, presented no evidence, and
             | not confirmed by anybody else.
             | 
             | It is possible in theory, but this particular story is
             | considered a BS.
        
               | realmod wrote:
               | And two years later there has been zero development on
               | this bombshell story which makes the story look even
               | worse.
        
             | the-dude wrote:
             | The Bloomberg article was a dud.
        
           | jlaporte wrote:
           | They exist, but Intel doesn't do contract manufacturing and
           | GlobalFoundries is behind the other major contract
           | manufacturers (TSMC and Samsung) by many process node
           | generations.
        
             | voxadam wrote:
             | > Intel doesn't do contract manufacturing
             | 
             | What about Intel Custom Foundry?
        
           | natch wrote:
           | from TFA:
           | 
           | >... "leading edge" ...
           | 
           | Does Intel have some leading edge fabs? I read they have some
           | coming in the future, but I think the point is it's good to
           | have more!
        
             | totalZero wrote:
             | Yes, of course. Intel has been shipping 10nm devices for a
             | while now.
             | 
             | If the question is about the definition of the term, this
             | document from a faceless consultancy in Aug 2020 describes
             | leading-edge nodes as 14nm and newer.
             | 
             | https://www.mckinsey.com/industries/advanced-
             | electronics/our...
        
         | LatteLazy wrote:
         | Devil's advocste: why can't the US do that via Taiwan as it
         | does currently?
         | 
         | They're an ally, they're totally reliant on the US and afraid
         | of the PRC.
         | 
         | Won't we also need "rare" earth metal supplies to of it is a
         | vital industry we can't cope with being overseas? And then
         | there is the fact the fab machines all come from Belgium.
        
           | pkaye wrote:
           | > Devil's advocste: why can't the US do that via Taiwan as it
           | does currently?
           | 
           | I think TSMC was working on a similar deal.
           | 
           | > Won't we also need "rare" earth metal supplies to of it is
           | a vital industry we can't cope with being overseas?
           | 
           | Rare earth materials are available in the US but due to cost
           | competitiveness, all the mining happens overseas. Also the
           | mining process has environmental impacts some countries
           | choose to ignore.
           | 
           | > And then there is the fact the fab machines all come from
           | Belgium.
           | 
           | Which company in Belgium make the fab machines. The biggest
           | manufacturer of semiconductor fabrication equipment are
           | Applied Materials and Lam Research, both in the bay area.
           | ASML from Netherlands make the critical Photolithography
           | equipment however. Beyond this, there are hundred of mid and
           | smaller companies involved all over the world.
           | 
           | https://en.wikipedia.org/wiki/Semiconductor_equipment_sales_.
           | ..
        
           | wcarss wrote:
           | No horse in the race on either side here but just to answer
           | the devil's advocate: it's pretty easy to imagine a future
           | where China could establish a trade blockade of Taiwan,
           | putting the US in the position of "potentially start a war,
           | or go without Taiwanese goods" -- that's like the diplomatic
           | equivalent of a Fork[1]. If you depend on it, and you can do
           | it at home, you should.
           | 
           | And "but what about ______, then?" (e.g. rare earths, fab
           | machines) does not mean that all other "______" (e.g. chips)
           | should follow suit. You control what you can.
           | 
           | 1 - https://en.wikipedia.org/wiki/Fork_(chess)
        
           | dragontamer wrote:
           | Taiwan is a great ally. But if a war breaks out between US
           | and China, Taiwan will likely be the first casualty.
           | 
           | Nothing against Taiwan or anything. Its just the bloody
           | obvious "first strike" move. China will almost certainly
           | attack Taiwan as part of an offensive-strategy vs the USA.
           | 
           | Having fabs on this side of the Pacific Ocean is important
           | for strategic defense reasons. Of course, the US should move
           | to defend Taiwan in that situation, but if worst-comes-to-
           | worst, we'll need a way to produce chips under such a
           | scenario.
           | 
           | -------
           | 
           | This story is about Samsung however, which is South Korean.
           | North Korea now has nuclear weapons, as well as tons of
           | artillery pointing at South Korea.
           | 
           | For the Samsung-side of things: same thing. South Korea are
           | great allies, but if the North Korean war ever gets started
           | again, Samsung's production inside the US-proper would be a
           | strategic advantage.
        
             | baybal2 wrote:
             | > Taiwan is a great ally.
             | 
             | Should I remind of the fact that Taiwan was very glad to
             | sell any amount of semiconductors to mainland China.
             | 
             | If anybody had an option to strangle them economically, it
             | would've been Taiwanese themselves.
             | 
             | China is world's biggest semiconductor market. If the tap
             | will close on their semiconductor imports, so would've
             | their economy at large.
             | 
             | Now, it's them, and not US who has to regret their prior
             | indecisiveness the most.
             | 
             | Now of course attitudes have changed in Taipei, but only
             | now.
             | 
             | I bet, in the next 5-10 years, Japan, and Korea will have
             | their own time regretting being soft with Beijing just like
             | that.
        
               | dragontamer wrote:
               | > Should I remind of the fact that Taiwan was very glad
               | to sell any amount of semiconductors to mainland China.
               | 
               | And US companies moved production to China. Apple, TSLA,
               | etc. etc. Yeah, we're in peacetime. These things happen.
               | We're not planning to go to war with China, but we need
               | to be realistic about potential threats in the future.
               | 
               | There's something to be said about the ability for trade
               | to reduce tensions. I don't think trade with China is
               | necessarily bad.
        
               | nl wrote:
               | > Should I remind of the fact that Taiwan was very glad
               | to sell any amount of semiconductors to mainland China.
               | 
               | > If anybody had an option to strangle them economically,
               | it would've been Taiwanese themselves
               | 
               | > China is world's biggest semiconductor market. If the
               | tap will close on their semiconductor imports, so
               | would've their economy at large.
               | 
               | Why would anyone (least of all Taiwan) want this? Trade
               | isn't a zero-sum game, and both parties benefit from it.
               | Trade wars are very unpredictable, as the way the US lost
               | the Trump-era trade war with China shows.
               | 
               | It's true that some in the US see China as a rival that
               | must be "strangled". Views outside the US are much more
               | nuanced - China isn't going to disappear and is way too
               | big to just strangle. There are major issues dealing with
               | China, though.
        
               | free_rms wrote:
               | US politics have had a "big bad" for 80 straight years
               | now, it's basically a reflex.
        
               | MangoCoffee wrote:
               | >Should I remind of the fact that Taiwan was very glad to
               | sell any amount of semiconductors to mainland China.
               | 
               | US sell chip to China as well until the Huawei ban. TSMC
               | stop making chip for Huawei when the US hammer came down.
               | 
               | how can you tell Taiwan to stop selling when your own
               | companies is selling to China? how's that fair?
        
             | hanklazard wrote:
             | True. It's also important to remember that Taiwan is
             | located in a seismically active region ...
        
           | philipkglass wrote:
           | There are also rare earth separation plants being built in
           | Texas.
           | 
           | "DOD Awards $30.4 Million for Rare Earth Minerals Facility in
           | Texas"
           | 
           |  _The Department of Defense and Lynas Rare Earths Ltd. will
           | each contribute $30 million to establish a rare earths
           | processing facility in Texas._
           | 
           | https://thetexan.news/dod-awards-30-4-million-for-rare-
           | earth...
           | 
           | But that doesn't actually have much to do with advanced
           | microprocessor fabs. The "tech" uses for rare earth elements
           | are primarily in making magnets, lasers, and phosphors.
        
           | genericone wrote:
           | Which fab machines are you referencing? Atmospheric modules?
           | Vacuum modules? Or maybe not talking about the process tools
           | at all, and more along the lines of inter-fab equipment?
        
             | LatteLazy wrote:
             | I won't pretend I know, fabrication seems very technical
             | and I get the vague idea but I'm also an idiot.
             | 
             | I was referring to ASML Holdings.
             | 
             | https://en.wikipedia.org/wiki/ASML_Holding
        
             | BostonEnginerd wrote:
             | The equipment industry is global. US, European and Japanese
             | companies make up most of the largest equipment suppliers.
             | Regardless of where they're headquartered, most of those
             | companies also have global R&D footprints.
        
           | nexthash wrote:
           | A couple of strategic reasons: Taiwan's proximity to the PRC
           | would knock out fab production should a war occur between the
           | two. Also, the same proximity could lead to unwanted IP
           | transfer, which could compromise US national security if
           | China gets its hands on any new chip tech the US develops.
           | 
           | Taiwan is a great ally to the US and having it manufacture
           | chips is good for both economies, but if the US wants to
           | lower risk and keep control of its technological edge it is
           | in its interests to keep manufacturing domestic.
        
           | totalZero wrote:
           | Geography puts us into a perpetual contortionist act. Taiwan
           | is very close to China so our looming presence is perpetually
           | necessary to ward off the dragon, so to speak.
           | 
           | For example, what happens if China decides to take one of the
           | Matsu Islands?
           | 
           | The US is obligated to respond with aggression, and Europe
           | too. Not out of alliance, but out of strategic and economic
           | necessity to keep the second domino from falling.
           | 
           | It's foolish to leave that kind of pressure point exposed to
           | an adversary. Sooner or later, each side will feel it is
           | defending itself against an aggressor and both will engage in
           | what they see as a righteous war.
           | 
           | We can make Taiwan more secure by making it less of a
           | pressure point and freeing our hands strategically. If we are
           | going to react to Chinese aggression with American aggression
           | to protect an ally, it should be decisive not reflexive.
        
         | malux85 wrote:
         | Yes! Agree! I was happy to read this, too much reliance on TSMC
        
           | TACIXAT wrote:
           | TSMC is also building a fab in the US. [1]
           | 
           | 1. https://www.cnn.com/2020/05/15/tech/tsmc-arizona-chip-
           | factor...
        
             | waynecochran wrote:
             | They already have fabs in the US. e.g.
             | https://www.wafertech.com
        
       | somethoughts wrote:
       | Interesting if it is related to the possibility of manufacturing
       | smart phones in Mexico [1].
       | 
       | In that sense if you were to take the output of an Austin based
       | fab to supply a smart phone manufacturing supply chain in Mexico
       | versus China, that would be a significant reduction in the length
       | of a smart phone supply chain.
       | 
       | [1] https://www.reuters.com/article/us-mexico-china-factories-
       | ex...
        
         | Robotbeat wrote:
         | Chips are super value dense so the cost to fly them to the
         | other side of the world is teeny tiny. Heck, the weight is so
         | low you could just about afford to put the fab on the Moon (for
         | chip logistics costs), if there was any real advantage to it.
        
           | Qwertious wrote:
           | Shipping costs from the moon to anywhere on earth is probably
           | pretty minimal, since you could do it with a catapult and a
           | shell+parachute so the goods survive re-entry. I doubt mass
           | would make a big difference there so much as volume.
           | 
           | Shipping costs from earth to the moon is $10 000/KG IIRC
           | though, which, if we assume that a processor weighs 10 grams
           | and costs $100 means the value of the stuff you're selling is
           | $10 000/KG, i.e. you can't make a profit on them.
           | 
           | But, suppose you ship 50% of the processor's materials up
           | (with a convenient 100% efficiency of raw materials usage),
           | and you mine the other 50% locally. Which, does the moon have
           | silicon? Yes, it has plenty.
           | https://en.wikipedia.org/wiki/Lunar_resources#Resources
           | 
           | I suspect lunar silicon would be more expensive to process
           | than terran silicon, primarily due to the lacking skilled
           | labour market in the area. It would likely need to be
           | extensively automated, and likely re-invented from the ground
           | up around the different atmosphere (which while not
           | breathable, is possibly still not clean enough for a
           | cleanroom), gravity, potential power sources (metallurgical
           | coal is a no-go, mainly because there's no easy oxygen but
           | also because coal is quite expensive there).
           | 
           | While it's possible that some raw materials are cheaper on
           | the moon than elsewhere (e.g. platinum from asteroids), I
           | doubt this is the case due to the previously mentioned
           | potential for cheap moon-to-earth shipping.
        
             | Robotbeat wrote:
             | From what I can tell, a high end chip goes for almost
             | $1/mm^2, which given typical wafer thicknesses and density,
             | is about $1/mg, or $1,000,000/kg.
        
             | mrDmrTmrJ wrote:
             | Great post. Though current stated costs to the moon are
             | like $1.2M/kg via Astrobotic and that's a bit speculative
             | as they haven't landed. Fingers crossed SpaceX gets
             | Starship online and pulls that number down!
             | 
             | If you're interested in reading about proposals to use the
             | Moon for manufacturing, here's a fun blog post on potential
             | use of lunar resources for manufacturing:
             | 
             | https://denniswingo.wordpress.com/2018/08/20/lunar-metals-
             | an...
             | 
             | Lots of interesting proposals and people to follow on
             | Twitter too for both lunar and astroid ISRU (in situ
             | resource utilization): https://twitter.com/drphiltill
             | https://twitter.com/george_sowers
             | https://twitter.com/joelsercel https://twitter.com/wingod
        
           | somethoughts wrote:
           | I'm not a supply chain expert, but just envisioning that
           | export controls have been and will be getting a lot more
           | challenging going forward. Not to mention higher risk at
           | stuff getting held up due to other logistical challenges
           | (i.e. bad weather, etc.) while doing the full roundtrip to
           | Asia and back.
           | 
           | If there was chip production (CPU, memory, etc.) out of an
           | Austin fab and LCD screen, battery and other material
           | production in a special economic region in Mexico, seems like
           | there could be a full 3-5 day reduction in the production.
           | 
           | Apple sells about 43 million iPhones in the US per year.
           | Shipping 43 million of anything (i.e chips) to Asia only for
           | it to be shipped back (as a finished product) to the US seems
           | counter-productive?
        
             | reportingsjr wrote:
             | Almost all ICs are packaged in Asia at this time anyhow.
             | Main countries are phillipines, malaysia, and taiwan.
             | 
             | In the scheme of things shipping around the world doesnt
             | take all that much time. (Lead times for ICs are 20 weeks
             | at the bare minimum)
        
               | Robotbeat wrote:
               | We really need to package ICs in America. It's all
               | automated now, anyway, so the low labor costs (the
               | original reason for sending packaging to Asia) is MUCH
               | less important.
        
               | throwaway2037 wrote:
               | Don't forget about the Intel assembly & packaging plant
               | in Costa Rica! Ref:
               | https://en.wikipedia.org/wiki/Costa_Rica#Economy
               | 
               | To quote Wiki: "An Intel microprocessor facility in Costa
               | Rica that was, at one time, responsible for 20% of Costa
               | Rican exports and 5% of the country's GDP."
               | 
               | As I understand, for a long time, assembly and packaging
               | was labour-intensive, so ICs were packaged in places with
               | low labour costs. However, with the advances made in
               | automation, I wonder if this still holds true. Maybe
               | assembly and packaging will move back to high income
               | countries in the next generation.
        
       | thedudeabides5 wrote:
       | Woo, go team!
       | 
       | Love that the US is bringing critical technology supply chains
       | back onshore.
        
       | m3kw9 wrote:
       | When fab hardware depends on chips made by fabs.
        
       | tgtweak wrote:
       | Finally - this is great news - I hope they put a lot of design
       | staff here too, not just fab workers.
        
         | throwaway120575 wrote:
         | They layed off a lot of their Austin-based Exynos CPU design
         | staff two years ago, save for those working on the AMD/Samsung
         | GPU partnership work - still, will be interesting to see how/if
         | Exynos comes back, know they are aggressively hiring for GPU
         | work.
        
       | williesleg wrote:
       | Thank you Biden!
        
       | MangoCoffee wrote:
       | regarding job: modern fab is pretty much automated.
       | 
       | however, people who run the fab are mostly engineers. TSMC
       | recruit from Taiwan's top University like National Taiwan
       | University. you've to pay these professionals a high salary
       | regardless where the fab is. (each new gen fab is more automated
       | than pervious.) just check out the salary + bonus for TSMC
       | engineers in Taiwan.
        
         | throwaway2037 wrote:
         | Hi. I checked salary and bonus for TSMC engineers in Taiwan.
         | Here is what I found:
         | 
         | Engineer (1.3M NTD -> 46.5K USD):
         | https://www.glassdoor.com.hk/Salary/TSMC-Engineer-Taiwan-Sal...
         | 
         | Senior Engineer (2.0M NTD -> 71.5K USD):
         | https://www.glassdoor.com.hk/Salary/TSMC-Senior-Engineer-Tai...
         | 
         | Unless I misunderstood your comment, you seem to be hinting
         | that these pay packages are very high. They don't look very
         | competitive when compared to other high income countries.
         | 
         | I cannot prove it, but my sense about TSMC is that their most
         | senior researchers, sales people, and operations people are
         | paid silly money. The remaining (below them) are paid good, but
         | not insane, wages. That said, most of the TSMC R&D labs and
         | fabs are in cheap locations, like Hsinchu and Tainan, so these
         | pay packages are still quite good.
        
           | [deleted]
        
       | dirtyid wrote:
       | Assuming proposed US semi fund will be chipping in for Samsung
       | asking 1B in tax subsidies like TSMC.
        
       | PhantomGremlin wrote:
       | Sheesh. I can't believe all the comments here that say, more or
       | less "It's an expansion of an existing fab".
       | 
       | It's most emphatically NOT that!
       | 
       | Directly from the article:
       | 
       |  _The plans for the new fab are called Project Silicon Silver
       | (PSS), and it will be located adjacent to S2. It will not use any
       | of the existing buildings of S2, but will be a completely new fab
       | constructed from the ground up. It will have its own operations
       | support, central utility building, industrial waste treatment,
       | air separation plans, storage for inert gases, and other
       | constructions._
       | 
       |  _The only currently-contemplated interconnections between the
       | new facility and the surrounding existing property may be a
       | pedestrian and /or material bridge or walkway constructed between
       | the existing improvements on the site and the new construction_
       | 
       | That couldn't be more clear as far as I'm concerned!!!
        
       | mchusma wrote:
       | Its very important for the US strategically to build out its
       | foundry capabilities, so this plus the TSMC plant are big steps
       | forward there.
        
         | stjohnswarts wrote:
         | did the TSMC project get mothballed as a boondoggle for
         | Wisconsin?
        
           | dodobirdlord wrote:
           | You're thinking of a Foxconn project.
        
       | barbacoa wrote:
       | I see a lot of people in this thread who don't really know much
       | about Samsung's semiconductor presence in the USA. This expansion
       | has been in the works for years. Samsung has a 100k wafer per
       | month fab in austin texas. They are negotiating for tax
       | abatements for expansion and using alternative sites as leverage.
       | 
       | They are not building a new fab they are expanding their S2 fab
       | in austin texas. There was a permit application that was released
       | a few years back that shows the true scale of their expansion
       | plans.
       | 
       | https://www.swf.usace.army.mil/Portals/47/docs/regulatory/pu...
       | 
       | If this goes through it could made Samsung's S2 fab larger than
       | even TSMC's monster gigafabs.
        
         | pwdisswordfish0 wrote:
         | If anyone has seen the Austin S2 campus before, you'd know that
         | it has a massive blacktop to provide parking for its thousands
         | of personnel.
         | 
         | It would be nice if as part of the conditions for application
         | approval, Samsung were asked to commit to erect awnings for
         | solar collectors integrated into covered parking and strongly
         | encouraged to invest in making solar more cost effective.
        
           | barbacoa wrote:
           | As a side note. SAS recently bought 100s of acres around
           | their property probably to expand parking.
        
             | renerthr wrote:
             | Sorry for the ignorance, but what's SAS? DDGing that word
             | might not get the appropriate result.
        
               | fnord77 wrote:
               | assuming SAS software, an analytics software company
               | 
               | https://en.wikipedia.org/wiki/SAS_Institute
        
               | renerthr wrote:
               | Thank you! It says it's the largest privately held
               | software business. Why is it that it doesn't go public?
        
               | hulahoof wrote:
               | Why go public if you already have money?
        
               | Spare_account wrote:
               | Why _should_ they go public?
        
               | Reason077 wrote:
               | I once visited the SAS campus in North Carolina, when I
               | was working for another well-known North Carolina
               | headquartered software company. Very nice place. Made me
               | quite jealous.
        
               | barbacoa wrote:
               | Samsung austin semiconductor (the name of the fab)
        
           | KirillPanov wrote:
           | and a pony too.
        
             | TedDoesntTalk wrote:
             | Free range chicken farm, dammit!
        
           | ericmay wrote:
           | Idk why I see downvotes here for a legit comment and concern.
           | Parking lots are absolutely awful.
           | 
           | First, cars. Enough said.
           | 
           | Second, they take up a lot of space with low utilization.
           | 
           | Third, heat.
        
             | exabrial wrote:
             | If you choose to live in an over crowded area like a
             | Coastal City, this is true. Texas is huge with a lot of
             | space; so while yes, gas powered vehicles might not great,
             | consider for a second there a much larger world than the
             | small bubble you live in.
        
             | mandis wrote:
             | >First, cars. Enough said.
             | 
             | No not really. Cars are wonderful, not everyone who lives
             | on this planet wants to share space with strangers.
        
               | nine_k wrote:
               | Cars are wonderful and useful when moving, less so, when
               | stationary. Allowing a second way to use the area taken
               | by the cars is reasonable -- a car parking does not need
               | access to the sky, until we have the fabled flying cars.
        
               | kbenson wrote:
               | Nobody said cars have no benefits. But they do have very
               | real drawbacks that are obvious at this point, they just
               | aren't borne by the owner exclusively.
               | 
               | Cars as the exist today for the most part are the best
               | method we have for increasing mobility and economic
               | independence for those that don't live near or can't
               | leverage public transportation (and sometimes in those
               | cases too). They are still objectively awful in many
               | other aspects though.
        
               | km3r wrote:
               | Not everyone wants to pay taxes either, but sometimes
               | sacrifices will need to be made so that we don't ruin
               | this planet. Sure having personal space and full autonomy
               | in movement is nice, but it may have to be realized in
               | different ways as we start to see the damage we are doing
               | to this planet.
        
               | zionic wrote:
               | A planet with only mass transit is not a planet I want to
               | live on. Many will fight you to the bitter end on this.
        
               | tehjoker wrote:
               | Most people lived and died within 20 miles of where they
               | were born until extremely recently. In that context, this
               | sort of idea is kind of amusing given we have many
               | different parameters (such as the viability of life on
               | earth) to consider in solving social problems.
        
               | gzer0 wrote:
               | I think the crux of the argument here is that we will not
               | have a planet to live on anymore.
        
               | monsieurbanana wrote:
               | > A planet with only mass transit is not a planet I want
               | to live on
               | 
               | Pitiful strawman. I've never heard someone argue to have
               | "only mass transit". More focus on common transports,
               | cycling cities? Yes, please.
               | 
               | Of course, many like you will still fight it "to the
               | bitter end", whatever that means.
        
               | cscurmudgeon wrote:
               | Let's follow the science.
               | 
               | Cruise ships pollute more than cars. But you won't see
               | any green politician discuss that. Why?
               | 
               | https://www.thedrive.com/news/28469/carnival-cruise-ship-
               | fle...
        
               | petersellers wrote:
               | That article says nothing about CO2, which is by far the
               | biggest man-made contributor to global warming (and
               | probably what the person above you was referring to)
        
               | sampo wrote:
               | > Cruise ships pollute more than cars
               | 
               | Sulfur oxides (SOx), yes. Carbon dioxide (CO2), no.
        
               | monocasa wrote:
               | Because cruise ships do their polluting primarily in
               | international waters and are registered under flags of
               | convenience. They have separate fuel tanks for in western
               | countries' jurisdictions to fulfill the regulations that
               | these green politicians have already passed.
        
               | Swenrekcah wrote:
               | This sort of non-compliance compliance infuriates me. Any
               | ships with dual tanks should be banned from western
               | waters.
        
               | cjrp wrote:
               | Then they'll invent one with triple tanks ;)
        
               | dagw wrote:
               | _But you won't see any green politician discuss that_
               | 
               | Do you live in a city that gets a lot of cruise ship
               | traffic? Because in my experience a lot of green
               | politicians are very keen on banning cruise ships.
        
               | cscurmudgeon wrote:
               | Source?
        
             | KirillPanov wrote:
             | > Idk why I see downvotes here
             | 
             | discussion derailment
             | 
             | turning every thread into a debate about your pet
             | sociopolitical issue is unhelpful.
        
             | [deleted]
        
             | tehjoker wrote:
             | I recall during hurricane Harvey in 2017, the news reported
             | that part of the reason for the innundation was due to so
             | much green space and dirt being covered up by impermeable
             | artificial surfaces, which caused the water to have no
             | where to go except to accumulate and flow into the city.
        
           | Reason077 wrote:
           | Such vast, paved, surface-level parking lots are a
           | distinctively American thing.
           | 
           | In Europe, for example, you're much more likely to find
           | covered, multi-level parking structures once a parking lot
           | exceeds a given size.
        
             | the8472 wrote:
             | Some parking places in Europe are also covered in gravel or
             | permeable pavement and have trees between rows rather than
             | being made of tarmac.
        
             | ant6n wrote:
             | In Europe, people are more likely to engage in active
             | transportation. You'll find more public transit, cycling
             | and even walking. Public transit is just a normal way for
             | anybody to get around, not a mobility fallback for poor
             | people.
        
               | SanderNL wrote:
               | That is changing though. I've not seen the inside of a
               | train for years and I'm happy with that TBH.
        
             | chrisrogers wrote:
             | If Europe had the space that exists in and around Austin,
             | they would do the same thing. It's simply far less
             | expensive to build surface lots.
        
               | ovi256 wrote:
               | Yes, this is commonly done in areas where land is cheap,
               | I'm thinking of rural train station parking lots,
               | regional and small airport parking lots.
        
               | namdnay wrote:
               | Exactly. It's not like you see massive flat lots in
               | Manhattan
        
               | sampo wrote:
               | There is this fairly efficient 10-level parking garage in
               | Philadelphia, Arch Street. It is essentially two 10-floor
               | towers connected at the top. They saved room by making
               | driveways one-way. So you enter, you have to drive 10
               | floors up, drive across the roof, and then drive 10
               | floors down to the exit. You can park wherever along the
               | way, but you always end up driving all the way up and
               | down.
        
           | elipsey wrote:
           | the urban heat island is real, and austin is hot enough
           | already, so thanks for the very humane suggestion! the screen
           | on my phone used to turn black if i forgot it in my car at
           | work. sometimes i left frozen tamales on my dashboard and
           | came back for them at lunchtime.
           | 
           | in my student coop, i once looked up from my studies to see
           | that my clock/thermometer said it was 110F _on my desk_. so
           | yeah, if you 're going to cut down all the shade, can a bro
           | at least get some awnings?
        
             | samstave wrote:
             | I have only been to Austin once to consult on an OpenStack
             | install - Cray was in the same building as my client...
             | 
             | But when I was packing for the trip - I was like "I am
             | going to texas - so I don't need a jacket and only packed
             | short sleeve shirts and brought a pair of shorts!
             | 
             | When I arrived in Austin, IT WAS FUCKING SNOWING
             | 
             | I was so damn cold.
        
               | throwawaygimp wrote:
               | Me too! I got stuck there because taxis weren't running
               | to the airport due to snow. Had a rad time... everything
               | was covered in snow, not a car on the road. Apparently
               | the locals hadn't seen anything like it, so maybe a freak
               | one. This was late 2000's, can't remember exactly when
        
               | [deleted]
        
               | SOLAR_FIELDS wrote:
               | We had a good snow last month - about 6 inches. But yes
               | that kind of thing is so exceedingly rare (about once
               | every 10 years) that the entire city economy basically
               | grinds to a halt so everyone can go outside and play in
               | the snow. The last time that happened was probably the
               | incident you are describing.
        
           | perryizgr8 wrote:
           | If the long-term return from solar cells were higher than the
           | cost involved, Samsung would do it themselves. Since they
           | don't do it, that means it is not efficient enough. So why
           | force them?
        
             | ghouse wrote:
             | There are plenty of requirements in Conditional Use Permits
             | that force entities to do things they wouldn't otherwise do
             | themselves. These are generally to mitigate the negative
             | impacts on others. For example, onsite stormwater retention
             | and traffic mitigation.
             | 
             | > Since they don't do it, that means it is not efficient
             | enough.
             | 
             | This assumes perfect market efficiency -- that everyone has
             | perfect information and is perfectly rational. In my
             | experience, that isn't the case.
             | 
             | Additionally, Samsung is asking for a 25 year property tax
             | waiver. It's a negotiation.
        
               | perryizgr8 wrote:
               | > There are plenty of requirements in Conditional Use
               | Permits that force entities to do things they wouldn't
               | otherwise do themselves.
               | 
               | Ah, let's remove those requirements.
               | 
               | > For example, onsite stormwater retention and traffic
               | mitigation.
               | 
               | Why do you think "entities" would not do these things
               | without being forced? Do these "entities" not benefit
               | from better traffic and managed stormwater?
               | 
               | > This assumes perfect market efficiency -- that everyone
               | has perfect information and is perfectly rational. In my
               | experience, that isn't the case.
               | 
               | OK, then let's fix that.
               | 
               | > Additionally, Samsung is asking for a 25 year property
               | tax waiver. It's a negotiation.
               | 
               | No, it's not a negotiation. Negotiation can occur between
               | similarly empowered entities. There is no negotiation
               | when one side has the power to lock the other up at
               | gunpoint.
        
               | ClumsyPilot wrote:
               | "Why do you think "entities" would not do these things
               | without being forced? Do these "entities" not benefit
               | from better traffic and managed stormwater?"
               | 
               | Before you advocate muh free market, read about history
               | of urban panning - we tried it, most houses didn't even
               | have sewers. I don't want poop on the streets.
               | 
               | More recently in UK over 100 people burned to death
               | because a massive skyscraper was built with violations of
               | fire safety, and then plasteres with more flamable
               | material.
               | 
               | Do these entities not benefit from not having the
               | building they manage burn to the ground?
        
         | cscurmudgeon wrote:
         | One of my favorite things to do when I am depressed due to
         | negativity is to read Hacker News comments when Dropbox
         | launched and the NYTimes story on space flight being
         | impossible.
         | 
         | I am going to add this submission to that list.
        
         | [deleted]
        
         | stjohnswarts wrote:
         | They are trying to strong arm the locals into basically saying
         | they (Samsung) pays zero property taxes to the next 25 years.
         | https://www.statesman.com/story/business/2021/02/04/samsung-...
         | . I hope Austin passes on it if Samsung can't do any better
         | than that.
        
           | dimitrios1 wrote:
           | I hope then you can face the desperate residents who don't
           | have the luxury of having a cushy data collection yuppie job
           | like most of us here do then for missing out on a decent wage
           | like and tell them "no it was for your own good, trust me!"
        
             | ClumsyPilot wrote:
             | Its not just residents, its a complete violation of free
             | market.
             | 
             | How are startups and family businesses meant to compete
             | when the megacorps get special deals, pay no taxes and get
             | bailouts? This is how you get monopolies and oligopolies.
        
             | stjohnswarts wrote:
             | No it sets a terrible precedent. Businesses need to support
             | their community. I would willing to bet that the city
             | council will not let it happen. They may cut a deal but it
             | ain't gonna be 100%. More like on the order of 10-25% like
             | other companies get. Corporations are too greedy. I
             | contract for a living and through local contacts never go
             | more than a month between contracts. The job market here is
             | still pretty great for people who have solid
             | backend/embedded skills, in general it's solid for most
             | people. Those other people can go work for the other big
             | guys or the new Tesla plant who actually cut a reasonable
             | tax deal.
        
               | syshum wrote:
               | The precedent was set long ago, and if Austin does not
               | take it I can assure you some other city will..
               | 
               | Why, it is easy... a new factory (or a factory expansion)
               | means more jobs, more jobs means more people, more people
               | means more Home and more secondary businesses all of
               | which the local government will get taxes from.
               | 
               | In principle I agree, but in reality Austin will make
               | more tax revenue from these other properties and business
               | than the amount of the abatement
        
               | tooltalk wrote:
               | Samsung has been around Austin, TX since the late 1990's
               | and invested well over $15B. I think the state and county
               | officials have enough dataset to evaluate whether
               | Samsung's new expansion would benefit their community or
               | not.
        
               | chkaloon wrote:
               | Source? Just like this comment in the story - "
               | Nonetheless, the deal still makes a lot of sense for the
               | state". Numbers, please?
        
               | f430 wrote:
               | doesnt samsung create thousands of jobs in the community
               | with this? not sure I share your outrage. this isnt about
               | some one trick pony YC startup hiring a dozen backend
               | devs
        
               | numbsafari wrote:
               | Why should labor pay for all the externalities created by
               | capital?
        
               | f430 wrote:
               | Did you not read the title? It's $17 billion dollar
               | investment creating thousands of high paying jobs which
               | in turn will create more jobs and create more capital in
               | community. Why are you so against this?
               | 
               | This isn't some VC backed zombie healthcare software
               | company hiring a couple of developers per year and not
               | getting to pay taxes. This is a major corporation
               | investing billions with profound impact on the community.
        
               | bildung wrote:
               | _> Why are you so against this?_
               | 
               | Why should the people of Austin, Texas gift millions of
               | dollars to a company that made a _profit_ of over $8
               | billions in the last quarter alone?
        
               | adriancr wrote:
               | I've seen places refuse to budge and lose out the
               | investments
               | 
               | I've also seen Intel refuse to negotiate price for chips
               | with Apple for the original iPhone and look how great
               | that turned out for them and TSMC
        
               | ClumsyPilot wrote:
               | Sometimes youve gotta show backbone.
               | 
               | "I'be seen people refuse to give their boss a blowjob and
               | lose out on promotions"
        
               | imtringued wrote:
               | The number of cities losing out does not change. If there
               | are X competing cities X-1 cities will always lose out.
        
               | numbsafari wrote:
               | Who said I'm against it? I merely raised the question.
               | 
               | > This is a major corporation investing billions with
               | profound impact on the community.
               | 
               | Sure. Is that impact the same for everyone in the
               | community, though? Or is it ultimately better for some,
               | and not others? Could it also be that it may be a net
               | negative for some members of the community?
               | 
               | Also, as noted by others, Samsung already has strong
               | incentives to build this facility in Texas, and has
               | wanted/needed to build it for a while. This latest gambit
               | is an effort to force local government to sweeten the
               | deal.
        
               | imtringued wrote:
               | The investment is creating the jobs. The tax discount
               | isn't creating jobs. It's just moving them around. Do you
               | really think Samsung will give up if no city gives them a
               | tax break?
        
               | f430 wrote:
               | without investment there would be no jobs or taxes to
               | collect in the first place. With this single move, texas
               | gov will be able to collect more taxes from thousands of
               | people making 100k+ and downstream suppliers also hiring
               | and making more money.
               | 
               | Samsung can easily find other cities to produce in at
               | lower cost outside America. Why is being competitive for
               | once such a big issue here? Without the tax benefit
               | Texans won't have thousands of high paying high skill
               | jobs.
               | 
               | The tax break adds up to about $40 million a year which
               | pales in comparison to the benefits Texans will receive.
        
               | mywittyname wrote:
               | > Samsung can easily find other cities to produce in at
               | lower cost outside America.
               | 
               | No they can't. Austin and the surrounding area are key
               | silicon fabrication regions. There are very few places in
               | the world that can compete, and it is possible that they
               | are forced to produce within the USA due to import/export
               | restrictions on what they are manufacturing.
               | 
               | This is a situation where the decision is already made,
               | but it can't hurt to ask for tax break. Because hey, free
               | money.
               | 
               | Kind of like how Amazon "passed" on building out an NYC
               | headquarters because the city wouldn't give them tax
               | breaks (after locals protested), only to come back six
               | months later and begin construction of their NYC HQ.
        
               | [deleted]
        
               | tooltalk wrote:
               | Sure, the tax thing is probably one of the maor component
               | here. In addition to local taxes, my understanding that
               | SAS's current plant is in free trade zone where they also
               | receive exemption for import/sales taxes, etc.
               | 
               | The whole US semi industry is worried that the lion share
               | of semi production is stlil occuring in Asia, not in the
               | US -- which is probably why Trump admin started twisting
               | TSMC and Samsung's arms few years ago:
               | 
               | https://www.semiconductors.org/wp-
               | content/uploads/2020/06/20...
        
               | kristianp wrote:
               | It's an interesting question: incentives. Samsung can't
               | negotiate away wages like they can land taxes.
        
               | barbacoa wrote:
               | Look at it from the local government prospective, they
               | could get 0 in tax income or they can settle from the tax
               | income of thousands of new high income jobs.
        
               | didibus wrote:
               | Do gigafab manufactures like that really create high
               | income jobs? I assumed it was mostly low income close to
               | minimum wage kind of thing.
               | 
               | On a similar tangeant, how are these able to compete with
               | similar manufacturing done in Asia or Africa?
        
               | barbacoa wrote:
               | Average salary is probably around $100k. Even the techs
               | with high school educations can make in the range of
               | $40-60 an hour and generous overtime.
               | 
               | >On a similar tangeant, how are these able to compete
               | with similar manufacturing done in Asia or Africa?
               | 
               | Because it is all high skill labor. Techs that are able
               | to strip down a 10 MM machine and identify the source of
               | sub micron particule contamination are worth their weight
               | in gold.
        
               | pwdisswordfish0 wrote:
               | They may be costing the company the equivalent of
               | $40-60/hr, but more realistically, techs are starting at
               | < $20/hr and have to spend years on the payroll of a
               | third-party staffing company.
        
               | barbacoa wrote:
               | That's a good point, $40-60/hr is the pay for seniors
               | level techs. Entry level techs are making much less and
               | are employed through staffing companies.
        
               | mech422 wrote:
               | >>Average salary is probably around $100k. Even the techs
               | with high school educations can make in the range of
               | $40-60 an hour and generous overtime.
               | 
               | Do you have a source for that? I'm surprised as when I
               | contracted at the Intel fab in PHX, the workers in the
               | actual fab were not making anything close to that.
               | Management maybe, but not actual line workers. The
               | standing joke was "they were working for the stock"...
        
               | JohnJamesRambo wrote:
               | Were they working for the stock?
        
               | didibus wrote:
               | I found this which has a manufacturing plant section. No
               | idea how accurate: https://www.zippia.com/intel-
               | careers-6055/salary/#by-job-tit...
        
               | mech422 wrote:
               | Hmm - that's interesting. If the "Intel
               | Plant/Manufacturing Salaries" section is true, process
               | technician and production operator (which I guess are the
               | people that run the line?) make quite a bit below $100K.
               | Oddly enough, it seems like the software jobs are better
               | paid then the hardware ones?
               | 
               | Thanks for the link!
        
               | sgerenser wrote:
               | How is that odd? Software salaries have been outpacing
               | hardware ones for at least the past 1-2 decades. When the
               | big tech companies are paying over $100k for software
               | developers fresh out of college, supply and demand is
               | probably forcing this state of affairs.
        
               | mech422 wrote:
               | I just would have figured a hardware company would be
               | focusing on the hardware personnel.
               | 
               | After all, there are plenty of places that don't pay
               | FAANG level salaries for software developers. I still
               | regularly see < $60K software jobs advertised from
               | smaller companies.
        
               | baybal2 wrote:
               | In Taiwan, an average semi technician salary is $38-$40k
               | a year
        
               | valvar wrote:
               | I don't know anything about how they are run, but I would
               | assume you need a large number of on-site engineers and
               | process overseers. What are the low-income jobs?
               | Security?
        
               | didibus wrote:
               | I thought it was mostly assembly line workers putting
               | parts together, with machines doing the rest. Kinda like
               | what this photo shows: https://bit.ly/3a8uRFM
        
               | sgerenser wrote:
               | That's board assembly, not chip fabrication.
        
               | f430 wrote:
               | So you admit you were ignorant. That's a rarity on here.
               | People will defend their wrong views here because they
               | don't want to hear they aren't a polymath.
        
               | adriancr wrote:
               | This is how it looks like now:
               | https://www.extremetech.com/wp-
               | content/uploads/2018/12/TSMC-...
               | 
               | Machines feed each other via conveyor belts, everything
               | automated, tight control loops check/move things around.
               | 
               | Notice the difference in human presence.
        
               | specialist wrote:
               | Someone has to build the roads, run the schools, pump the
               | water, etc.
               | 
               | A tax cut for Samsung is effectively a tax hike for
               | everyone else.
        
               | tooltalk wrote:
               | Companies can and do build their own roads -- we aren't
               | exactly talking about building interstate highways.
               | Schools would be paid for by SAS employees and
               | contractors' paycheck and additional local property taxes
               | (for those who have to relocate from another place). I
               | highly doubt that SAS is going to get free water.
        
               | arcanus wrote:
               | > A tax cut for Samsung is effectively a tax hike for
               | everyone else.
               | 
               | That is a remarkably zero sum way to think about it.
        
               | f430 wrote:
               | zero sum implies everyone loses in the long run.
               | 
               | Samsung benefits. Texas state benefits. Workers benefit.
               | Community benefits.
        
               | specialist wrote:
               | Please enumerate all the ways the community benefits. Be
               | mindful to include externalities in your ledger.
        
               | mywittyname wrote:
               | These business _can_ act as anchors to attract skilled
               | talent to the region. If that happens, then a small no-
               | name town can really prosper.
               | 
               | But the reality is that companies don't really want to be
               | the ones anchoring a small town. The sacrifice is too
               | great in terms of limited talent pool, and lack of
               | amenities necessary to attract talented people. Maybe
               | after 20 years, the town grows into something
               | significant, but at that point, the market has shifted so
               | much that it probably doesn't matter.
               | 
               | In this situation, the decision is made, regardless of
               | tax incentives. Samsung can't just plop one of these
               | plants anywhere. The plant needs to be in a place that
               | has a large enough pool of talent, the amenities
               | (schools, restaurants, housing, etc) that attract new
               | talent (ideally without Samsung having to pay for
               | relocation), and have the logistics infrastructure to
               | support business.
               | 
               | I've seen plenty of large companies negotiate for
               | aggressive tax breaks locally, only to up and move to
               | places like NYC, LA, or another high-tax locale a few
               | years later because they either can't attract talent, or
               | senior executives don't like living in cheap midwestern
               | cities.
        
               | specialist wrote:
               | Negative sum. Corruption destroys wealth. The vast
               | majority loses a lot so that a few can benefit a little.
               | 
               | The difference between creating wealth and merely
               | transferring wealth (aka theft, grift).
        
               | imtringued wrote:
               | The local government can lose money on this deal even if
               | it leads to more jobs.
        
               | TedDoesntTalk wrote:
               | > or they can settle from the tax income of thousands of
               | new high income jobs.
               | 
               | There is no income tax in Texas. Even if there was, it
               | would go to the state, not the county or city.
        
               | chrisrogers wrote:
               | Property and sales taxes, then.
        
               | zymhan wrote:
               | Dude, the whole thread started with a comment about
               | Samsung trying to pay no property taxes.
        
               | sida wrote:
               | OP means Property tax from employees. Because it creates
               | a ton of jobs
        
               | mywittyname wrote:
               | There are plenty of businesses that create tons of jobs
               | and pay their taxes.
               | 
               | Tax deductions aren't meaningful for most companies.
               | Samsung is pretty limited on where they can actually
               | build this plant. It's not like Hattiesburg, Mississippi
               | is awash with people experienced in silicon fabrication.
               | So the company would have to pay a lot of money to import
               | people from other regions. But Hattiesburg isn't exactly
               | top on the list of places where experienced technical
               | professionals wish to live.
               | 
               | The city counsel should play hardball with Samsung, since
               | they will cave. This is one of those situations where it
               | doesn't hurt to ask, but the decision is already made.
        
               | zymhan wrote:
               | But what says those people will live within Austin city
               | limits (ba dum tiss) and pay property taxes to the
               | government that gave out the tax break?
               | 
               | Surely a sizeable number would commute?
               | 
               | Also, collecting new property taxes from a corporation
               | would allow the city to keep rates lower for residents.
        
               | rizpanjwani wrote:
               | texas doesn't have income tax.
        
             | presentation wrote:
             | It's a prisoners dilemma situation - cities would be better
             | off if across the board they just applied the rules evenly,
             | but there's always a place that's willing to sacrifice that
             | for its own benefit.
        
             | ethbr0 wrote:
             | In this case, it seems like a viable investment by the
             | state. We're talking about a leading node fab, not a
             | nebulous "LCD manufacturing center."
             | 
             | That's a bit harder to vaporware, and more importantly, why
             | would you?
        
             | [deleted]
        
             | notional wrote:
             | That worked out great for Wisconsin residents recently
        
               | dimitrios1 wrote:
               | For every one deal that went sour, there are hundreds of
               | successes.
               | 
               | Additionally, comparing a rushed Foxconn plant to a
               | Samsung fab facility, in an area where Samsung already
               | has roots, is dishonest to say the least.
        
               | lotsofpulp wrote:
               | Source? How does one even begin to measure the
               | opportunity costs of pitting politicians with short term
               | incentives against each other? Many of the supposed
               | benefits aren't even able to be calculated.
        
               | dimitrios1 wrote:
               | The source is the hundreds of large corporations that
               | have came to a remote location away the already larger
               | and established metro areas with international airports
               | nearby, so your usual suspects of LA, SF, NYC and ATL.
               | 
               | There almost always is some incentive package to attract
               | the businesses. My city, Charlotte, has 10 examples
               | alone. Neighboring Charleston and Columbia in SC have
               | quite a few examples of theirs, namely in Aerospace and
               | Auto Manufacturing.
        
               | lotsofpulp wrote:
               | How can one figure out if they would not have come anyway
               | due to lower wages/land prices?
        
               | tooltalk wrote:
               | Wisconsin's tax break was conditional on Foxconn meeting
               | key hiring/production metrics. Foxconn had a long trail
               | of failures building viable manufacturing business
               | outside China where the CCP provided everything from free
               | land, to free buildings, to unlimited supply of young,
               | obedient, unskilled labor pool for rural China.
               | 
               | Samsung on the other hand has been in Austin, Texas for
               | almost two decades, investing well over $15+B so far.
        
             | greesil wrote:
             | I'd like to sell you a car, since you're not the
             | negotiating type.
        
           | AngryData wrote:
           | Isn't that like exactly the sort of thing the interstate
           | commerce clause was originally meant to stop? There shouldn't
           | be such competition between states or local governments,
           | whether real or just negotiation bluff.
        
             | unishark wrote:
             | Then just have places like San Diego always win because
             | they have nature on their side?
             | 
             | But really I think the taxes here would technically count
             | as within-state commerce, as they would be taxing a
             | resident business if it is built.
        
               | pas wrote:
               | Eventually San Diego fills up. Why not let efficiency
               | dictate these things?
        
             | stjohnswarts wrote:
             | No, states compete on tax structures all the time. Look at
             | the Amazon headquarters boondoggle a while back, states
             | were falling all over themselves to offer the best
             | tax/infrastructure packages.
        
             | [deleted]
        
           | blihp wrote:
           | How is that different from the deals that pretty much every
           | other large company looks for when locating a new facility?
           | Amazon pretty much had local governments humiliating
           | themselves in their HQ 2 'contest' not too long ago.
        
             | pas wrote:
             | It's not. And while there's opportunity to make a big
             | construction more efficient by handling permitting/approval
             | in a bundle (combined with some of the necessary
             | developments in traffic/transportation, housing), that
             | doesn't mean cutting corners and just crippling the
             | state/city budget.
        
         | tooltalk wrote:
         | It's kind of odd that Anandtech seems to make a lot of fuss
         | about Samsung's tax break whereas Anandtech's recent article on
         | TSMC's Arizon plant mentions virtually none of the same tax
         | break highlighted for Samsung there. Is Apple still hiring away
         | Anandtech's key editors?
         | 
         | https://www.anandtech.com/show/15803/tsmc-build-5nm-fab-in-a...
        
         | simonh wrote:
         | That fab in Texas was the one used to manufacture the early
         | Apple A-series processors. The media and most pundits generally
         | assumed they were made in South Korea, because Samsung.
        
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