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Austin draws closer to scoring $17 billion factory from tech giant

Austin draws closer to scoring $17 billion factory from tech giant Austin draws closer to scoring $17 billion factory from tech giant The new plant would be built on Samsung s industrial site in Northeast Austin. Citing unnamed sources, South Korea’s  Electronic Times reports that Samsung has picked Austin over the Phoenix area and upstate New York for the massive project. Samsung reportedly will start construction on the factory in the third quarter of this year and open it in 2024. Electronic Times speculates that Samsung’s Austin expansion could be announced Friday, May 21, when President Joe Biden is scheduled to meet in Washington, D.C., with South Korean President Moon Jae-in.

Inzent Awarded with the Honorable Grand Award at the 20th Korea SW Company Competitiveness Awards

Inzent Awarded with the Honorable Grand Award at the 20th Korea SW Company Competitiveness Awards Inzent was awarded the honorable grand award at the 20th Korea SW Company Competitiveness Awards. Megazone Cloud was awarded the grand award for the category of contribution towards job creation while TmaxSoft was awarded the grand award for the category of building of corporate capabilities. The Korea SW Company Competitiveness Awards awards companies based on their capabilities in many different fields such as human resources, technical skills, market value, and internalization. It is held by the Electronic Times, Korea Software Industry Association, Yonsei University’s Intelligent Information Research Center, and Korea Software Financial Cooperative and is sponsored by the Ministry of Science and ICT.

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