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By Kathryn Hardison – Austin Business Journal

Technology giant Samsung Electronics Co. has yet to announce a final decision about where it will put its $17 billion chipmaking plant, though there’s new evidence the South Korea-based company may be crossing prospective cities off its list, including Austin.

An application originally filed in January for Chapter 313 incentives from Manor Independent School District — tied to a proposal to locate the factory near Samsung’s existing facility in North Austin — has been removed from the state comptroller’s website. Kevin Lyons, a spokesperson for the comptroller’s office, confirmed that the application was withdrawn last week.


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Sairam Kota

Sairam is an experienced multifamily deal sponsor and asset manager for 738 units, a key principal in 332 units and limited partner in 1000 units. He has a strong experience in asset management, property reposition, income generation, implementing operational efficiencies and cost reduction. Sairam is a licensed Real Estate Broker in the state of Texas. He is a successful IT Consultant with 20+ years of experience in corporate America.