Samsung
Texas city will offer Samsung huge tax breaks to build a $17 billion chip plant
Texas is one of the two areas in the region under consideration by Samsung Electronics (005930. KS) for the $17 billion chip plant to offer more property tax breaks if selected by a South Korean technology company.
According to the report, Taylor is competing with Austin, Texas to find the plant which is expected to create about 1,800 jobs. Samsung also said they are looking at other potential sites in Arizona and New York. Some potential sites have not yet disclosed the planned tax break.
The proposed decision posted on the city’s website indicates that on the land used by Samsung, it is expected to receive a grant equal to 92.5% of property tax assessed for 10 years, 90% for the next ten years, and 85% for 10 years thereafter.
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The other measures include a 92.5% tax levy on a new building under ten years and the payment for development reviews. And the proposed decision will be considered Wednesday by the Taylor Council and the Williamson Commissioners.
The Taylor site is located about 25 miles (40 km) from Austin. Approximately 1,187.5 hectares (4.81 square kilometers) in size, much larger than the Austin site. Samsung last year bought more than 250 hectares of Austin, in addition to the 350 hectares of owners that included a single U.S. chip factory.
If Samsung decides on Taylor, it plans to break ground by the first quarter of next year with production due to start by the end-2024, a document previously filed with Texas state officials has said.
Samsung’s new Galaxy S24 FE is a great phone for users who love to play games on mobile. The handset offers powerful performance and optimized features. It boasts a new vapor chamber, a larger battery, and a Dynamic AMOLED display.
The Galaxy S24 FE redefines mobile gaming performance with a combination of robust hardware innovations. Equipped with a series of improvements, the new FE delivers a powerful experience in terms of durability, visual quality, and extended gameplay.
1.1x larger vapor chamber
Samsung’s new vapor chamber optimizes device cooling so the phone can maintain maximum performance, even during intense and heavy gaming. This means less worry about overheating and more time dedicated to focusing on the games.
In addition, the new Fan Edition packs a larger battery, enabling longer and uninterrupted gaming sessions. Galaxy users can face epic battles, race on virtual racetracks, or complete challenging levels without worrying about battery life.
The 6.7-inch AMOLED 2X display takes the visual experience to a new level. With the 120Hz refresh rate, the screen unlocks extremely smooth and lag-free gameplay. Besides, the AI-powered Vision Booster adjusts color and contrast for outdoor gaming.
Samsung pledged 7 years of OS and security updates for the Galaxy S24 FE. Your device will continue to receive brand new features and security patches for such longer period. Other upgrades make the S24 FE a great deal out there in the market.
Samsung has released a new update for the One UI Home app with version 15.5.05.17. This update brings improvements to enhance your experience on Galaxy devices.
With this update, users will notice a smoother home screen and better overall performance. It fixes some minor bugs that may have been causing issues to make navigation easier and more enjoyable.
Through this update, Samsung aims to provide a seamless experience for Home screen functions. It is available with an installation package size of around 28MB.
Samsung’s One UI Home app will automatically update on your Galaxy device with the latest software, so you don’t have to worry about missing out on the new features. Also, you can check for updates manually through the Galaxy Store app.
Moreover, there’s an option to download the Samsung One UI Home 15.5.05.17 update directly from third-party links if you want to install it right away but we recommend waiting for the official release. To check which version of the One UI Home app you have, just pinch out on your home screen, tap on the Settings icon, and go to ‘About Home Screen’.
One UI Home app is previously known as Samsung Experience Home. It features a simple layout with well-organized icons, designed specifically for Galaxy devices. This update combines familiarity with new design elements to make it easy for users to navigate their devices.
Samsung announced its AI influencer SAM will participate in the BGS (Brazil Game Show) 2024. BGS is the largest videogame event in Latin America. The event this set to take place from October 9th to 13th in São Paulo, Brazil.
SAM will be available for visitors letting them interact with it through various activities and actions. Adding to this, the AI influencer will be present in various modalities at the Samsung booth during the fair.
Watch Out
At the Watch Out game, SAM will compete alongside gamers. Developed with machine learning technology, Samsung’s Watch Out uses advanced artificial intelligence to work with intelligent agents trained to simulate SAM’s actions in real-time.
During the game, competitors must dodge obstacles and collect as many Galaxy Rings as possible to win. Later, SAM reacts to the player’s actions, offering a direct interaction experience between gamers and their 3D avatar.
SAM x BGS
BGS visitors can enjoy Watch Out on the main stage at the Samsung Booth. Games will be played during the intervals of the stage attractions, allowing the audience to compete in quick matches of up to three minutes.
Depending on their performance in the game, participants will be able to take home exclusive SAM items, such as sweatshirts, mousepads, and pins. It’s pretty interactive activity that the Korean tech giant has prepared for its consumers in Latin America.