Overview
- Samsung confirmed Tuesday that it will relocate its U.S. headquarters from Englewood Cliffs, New Jersey, to its existing Plano, Texas, campus with the transition to be completed by the end of 2026.
- The company says the move is part of a business transformation to better align teams and sharpen focus on priority areas and that it will optimize parts of the organization while offering support to affected employees.
- Most of the roughly 1,000 employees at the Englewood Cliffs site are likely to be reassigned to Plano while a smaller number will remain in New Jersey to support local operations.
- Samsung’s heavy investment in Texas semiconductor fabs, including advanced foundry work in Taylor, is cited by company statements and coverage as a practical reason for placing headquarters closer to its chipmaking operations.
- The announcement drew criticism from New Jersey business groups and politicians who warned it signals competitiveness problems for the state and it also reinforces Plano’s emergence as a corporate hub that has attracted other major relocations.