Re:Samsung Foundry: New $17B Fab in the USA by Late 2023
by imtringued on Thursday February 11, 2021 @09:16AM
(#26101686)
>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.
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.