Samsung moving its U.S. headquarters to Plano
Samsung moving headquarters to Plano
After less than a year in New Jersey, Samsung has decided to move its United States headquarters to North Texas.
PLANO, Texas - Another major business is moving to Plano. Samsung is relocating its headquarters from the northwest to North Texas.
Samsung Moves to Plano
What we know:
Samsung’s decision to move to Plano comes less than a year after celebrating the grand opening of its United States headquarters in New Jersey.
But now, the South Korean company has said it wants to condense its U.S. operation to Texas.
The company’s U.S. semiconductor investments are concentrated in the Austin area, which is why it wants to move its headquarters to Plano.
Samsung said the move will help streamline decision-making.
Dig deeper:
According to early reports, the company plans to bring about 1,000 employees to North Texas.
While it’s not yet clear where the new facility will be located, Samsung said it hopes to open it by the end of this year.
The Source: The information in this story comes from a Korea Bizwire report and confirmation from a city of Plano spokesperson.