AUSTIN | Economic Development - Page 74

StoOgE · #**1461** Posted **May 5, 2021, 11:23 PM**

Quote:

Originally Posted by ATX2030

With Biden meeting with President Moon Jae-in of South Korea at the White House on May 21st we should know where the 17b Samsung expansion will be going. Several publications have hinted that the location will be announced prior to the meeting.

I am so very very happy I bought a house 6 years ago.

drummer · #**1462** Posted **May 6, 2021, 2:36 PM**

Quote:

Originally Posted by StoOgE

I am so very very happy I bought a house 6 years ago.

I was in Asia six years ago, but I probably should have bought one just in case we moved back, haha.

ATX2030 · #**1463** Posted **May 6, 2021, 8:58 PM**

Autonomous trucking company Einride to set up US headquarters in Austin after raising $110M

https://www.bizjournals.com/austin/i...new-us-hq.html

Brent Wistrom - Editor, Austin Inno

Austin has since become one of several tech hubs paving the way for autonomous vehicle development and testing. That includes, perhaps most notably, the decision by Ford and Argo AI to make Austin the center of their self-driving vehicle efforts. The pair is set to launch a forthcoming robotaxi service in 2022 that will make autonomous vehicles accessible to everyday consumers.

Now, Swedish autonomous electric freight vehicle company Einride is planning to establish Austin as its U.S. headquarters later this year after raising a $110 million series B funding round, TechCrunch reported.

We vs us · #**1464** Posted **May 6, 2021, 10:14 PM**

I know we've already been an autonomous car place for years now, but it's tempting to drop this at Tesla's door. I have a feeling -- just like battery technology, or Samsung and chips -- the Tesla effect is going to spread out in all kinds of different directions.

undergroundman · #**1465** Posted **May 7, 2021, 7:03 PM**

https://www.cnbc.com/amp/2021/05/07/...mpression=true

Quote:

KEY POINTS
Green Dot, a fintech firm and biggest U.S. provider of prepaid debit cards, is moving its headquarters from Pasadena, California to Austin, Texas, CNBC has learned exclusively.
The firm will focus on four hubs – the new headquarters in Texas, as well as WeWork-style offices in Florida, Ohio and California – as it embraces a permanent remote-working model.
"I want the best and brightest people we can find to join our team to help us be successful, and you can live anywhere you want," CEO Dan Henry said. "I'm not Jamie Dimon, I'm not going to force you to take the train three hours a day."

JAM · #**1466** Posted **May 10, 2021, 9:34 PM**

Quote:

Originally Posted by undergroundman

https://www.cnbc.com/amp/2021/05/07/...mpression=true CEO Dan Henry said. "I'm not Jamie Dimon, I'm not going to force you to take the train three hours a day."

oooooh mannnnn..... I don't know how this guy is gonna make it in this city, doesn't like trains!

The ATX · #**1467** Posted **May 10, 2021, 10:22 PM**

Quote:

Originally Posted by JAM

oooooh mannnnn..... I don't know how this guy is gonna make it in this city, doesn't like trains!

Ha. But he is very, very pro-WFH which is even better than being pro-trains IMO.

ATX2030 · #**1468** Posted **May 11, 2021, 6:51 PM**

Quote:

Originally Posted by ATX2030

With Biden meeting with President Moon Jae-in of South Korea at the White House on May 21st we should know where the 17b Samsung expansion will be going. Several publications have hinted that the location will be announced prior to the meeting.

Chip summit would put pressure on Samsung Electronics

https://koreajoongangdaily.joins.com...201500588.html

...."Parts suppliers affiliated with Samsung Electronics in Texas already believes the plan is almost a done deal,” said a source in the semiconductor equipment industry, indicating that the negotiation has inched closer. “Still, I’m not sure when the announcement could be made, since there are a wide range of factors to be taken into account.”

JAM · #**1469** Posted **May 12, 2021, 11:50 AM**

Quote:

Originally Posted by The ATX

Ha. But he is very, very pro-WFH which is even better than being pro-trains IMO.

what is WFH?

sammyk · #**1470** Posted **May 12, 2021, 1:01 PM**

Quote:

Originally Posted by JAM

what is WFH?

Work from home.

JAM · #**1471** Posted **May 13, 2021, 5:50 PM**

Quote:

Originally Posted by sammyk

Work from home.

Ah - thx. Another nail in the coffin for mom and pop retailers and the commercial rental biz......

ATX2030 · #**1472** Posted **May 18, 2021, 5:47 PM**

https://www.sammobile.com/news/samsu...tory-location/

Samsung has finally decided where it will build its new EUV semiconductor manufacturing facility on US soil. The company reportedly had a choice between the states of Texas, Arizona, and New York, with each offering incentives for tech giants who’ll end up contributing to building the local chip-making infrastructure. And according to the local media, Samsung has decided that its next EUV-based manufacturing facility will be built in Austin, Texas.

We vs us · #**1473** Posted **May 18, 2021, 5:49 PM**

Bam!

sjk · #**1474** Posted **May 18, 2021, 5:59 PM**

Wow! That's awesome news for Austin.

urbancore · #**1475** Posted **May 18, 2021, 6:21 PM**

I'm on a roll....

LiveattheOasis · #**1476** Posted **May 18, 2021, 6:22 PM**

Quote:

Originally Posted by urbancore

I'm on a roll....

Please share your latest rumors my friend ...

urbancore · #**1477** Posted **May 18, 2021, 6:27 PM**

Quote:

Originally Posted by LiveattheOasis

Please share your latest rumors my friend ...

meeting my source later this afternoon.

I'll see what I can dig up.

drummer · #**1478** Posted **May 18, 2021, 6:29 PM**

So glad we had an offer accepted on a house already......just waiting to get those keys.

lonewolf · #**1479** Posted **May 18, 2021, 6:34 PM**

woooow. so austin is on the cutting edge of nextgen chipmaking (18b 5nm samsung plant), EVs (gigatexas and dozens of cottage companies announced their arrival) and aerospace manufacturing (starlink satellites at spacex)

psychlotron · #**1480** Posted **May 18, 2021, 6:49 PM**

Quote:

Originally Posted by lonewolf

woooow. so austin is on the cutting edge of nextgen chipmaking (18b 5nm samsung plant), EVs (gigatexas and dozens of cottage companies announced their arrival) and aerospace manufacturing (starlink satellites at spacex)

Seems like Army Futures Command could be added to this list too.

Great news about Samsung!