Samsung Electronics is relocating its U.S. headquarters from Englewood Cliffs, New Jersey, to Plano, Texas, concluding a thirty-year presence in the Garden State and impacting 1,000 employees who face relocation or potential role elimination.
This move comes shortly after the renovation of its long-standing New Jersey campus, signaling a strategic consolidation to North Texas. The relocation aligns corporate leadership with Samsung's expanding semiconductor operations, including a $17 billion advanced chip facility in Taylor and an existing plant in Austin. Backed by state incentives and the federal CHIPS Act, the move to Texas reinforces the region as the center of the company's North American manufacturing and executive operations. The transition is set to be completed by the end of 2026.
Sources: New York Post, njbiz.com, D Magazine