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Samsung's $3.9B Investment in Chip Production Plant Approved

By - Source: Reuters | B 19 comments

Technology giant has now invested $13 billion into Austin plant.

Samsung's plans of investing a substantial amount into a Texas plant to boost chip production has been approved by U.S. officials.

To keep up with the increasing demand for mobile devices ranging from smartphones and tablets, Samsung Electronics plans to make its Austin base into its central chip-making division through the $3.9 billion investment.

Talks have now been completed with Texas officials, with the production line expansion, as well as renovation given permission to commence.

Samsung's latest investment in the Texas plant brings the South Korean technology titan's total investment to over $13 billion since the plant came into fruition back in 1996.

Although it's currently battling Apple in court with several lawsuits, Samsung supplies memory chips for several products belonging to the former; it's the only company that can produce the amount Apple wishes in a specific time frame. It also produces chips for its own products such as the Galaxy lineup.

Samsung was recently named the worldwide cell phone market leader with a 29 percent share in 2012.

 

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Top Comments
  • 19 Hide
    rantoc , December 21, 2012 6:35 AM
    Kind of fun... a foreign company can invest in production in the US while many US companies manufacture everything elsewhere and cry about a few $ in extra manufacturing costs per unit as reason not to move the production. All that while raking in billions in profit.

    What company are the better one? The one who employ people at home or the company that only are interested about maximizing their own profit at any cost...
  • 11 Hide
    Vladislaus , December 21, 2012 11:07 AM
    getrealApple announces they are moving some manufacturing to the US, so SameSung moves too!Is there anything they won't copy? Samsuck: world's biggest Asian knock off!

    The austin plant is already there since 2007. Samsung is just investing almost 4 billion to ramp up the plant. So who copied who?

    Get a life.
  • 10 Hide
    freggo , December 21, 2012 11:44 AM
    getrealApple announces they are moving some manufacturing to the US, so SameSung moves too!Is there anything they won't copy? Samsuck: world's biggest Asian knock off!


    Samsung 'copying' Apple?
    Samsung has been in Texas since back in the late 90s when I was still living in Dallas.

    Learn to read before making a fool out of yourself :-)
Other Comments
    Display all 19 comments.
  • 19 Hide
    rantoc , December 21, 2012 6:35 AM
    Kind of fun... a foreign company can invest in production in the US while many US companies manufacture everything elsewhere and cry about a few $ in extra manufacturing costs per unit as reason not to move the production. All that while raking in billions in profit.

    What company are the better one? The one who employ people at home or the company that only are interested about maximizing their own profit at any cost...
  • 3 Hide
    Onihikage , December 21, 2012 6:56 AM
    Better Austin than Shanghai.
  • 9 Hide
    ikyung , December 21, 2012 8:24 AM
    Kind of ironic to open a Korean company's phone and see parts that say "Made in USA", then you open up an American company's phone and see "Made in China".
  • 6 Hide
    merikafyeah , December 21, 2012 8:45 AM
    And to think Crapple got an entire article for merely "assembling" a few parts here in the US. Pitiful.
    Samsung >>>>>>most "U.S." companies>>>>>>>>>>>>>>>>>>>>>>>>>>>>Crapple.
  • 7 Hide
    CrArC , December 21, 2012 9:41 AM
    merikafyeahAnd to think Crapple got an entire article for merely "assembling" a few parts here in the US. Pitiful.Samsung >>>>>>most "U.S." companies>>>>>>>>>>>>>>>>>>>>>>>>>>>>Crapple.
    Does anyone else think Samsung are quietly brilliant at this whole PR thing?
  • 11 Hide
    Vladislaus , December 21, 2012 11:07 AM
    getrealApple announces they are moving some manufacturing to the US, so SameSung moves too!Is there anything they won't copy? Samsuck: world's biggest Asian knock off!

    The austin plant is already there since 2007. Samsung is just investing almost 4 billion to ramp up the plant. So who copied who?

    Get a life.
  • 10 Hide
    freggo , December 21, 2012 11:44 AM
    getrealApple announces they are moving some manufacturing to the US, so SameSung moves too!Is there anything they won't copy? Samsuck: world's biggest Asian knock off!


    Samsung 'copying' Apple?
    Samsung has been in Texas since back in the late 90s when I was still living in Dallas.

    Learn to read before making a fool out of yourself :-)
  • 1 Hide
    acerace , December 21, 2012 12:48 PM
    getrealApple announces they are moving some manufacturing to the US, so SameSung moves too!Is there anything they won't copy? Samsuck: world's biggest Asian knock off!


    Without Asian, don't ever dream you can get any computer parts (or computer devices) for cheap. Learn to appreciate people, dipsheet.
  • 5 Hide
    hate machine , December 21, 2012 1:37 PM
    getrealApple announces they are moving some manufacturing to the US, so SameSung moves too!Is there anything they won't copy? Samsuck: world's biggest Asian knock off!


    Apple never announced they were moving manufacturing to the US. They announced assembly of a small percentage of their low selling PCs.
  • 3 Hide
    g00fysmiley , December 21, 2012 2:46 PM
    getrealTypical Samsung product roadmap:Release antiquated, dated technology, wait for Apple to raise the bar.Apple raises bar.SamSUCK spends a year working on an exact duplicate, then spends the next couple of years tweaking Apple's four year old design and spinning it as its own.Apple releases another revolutionary product that puts everyone else a decade behind.Samsuck starts copying.Rinse.Repeat.Apple are the good guys here, and the good guys always win in the end!


    no citations, no examples... just garbage spewing out of your mouth... gg
  • -9 Hide
    getreal , December 21, 2012 3:41 PM
    g00fysmileyno citations, no examples... just garbage spewing out of your mouth... gg


    Example - Samsung Galaxy series vs iPhone
    Sources - www.samsung.com / www.apple.com/iPhone
    Outcome - YOU MAD!
  • 2 Hide
    halcyon , December 21, 2012 4:07 PM
    getrealApple announces they are moving some manufacturing to the US, so SameSung moves too!Is there anything they won't copy? Samsuck: world's biggest Asian knock off!

    I know you're trolling but you can be more creative than that. Come on, show us what you've got.
  • 0 Hide
    Aragorn , December 21, 2012 4:32 PM
    getreal, you need to get a job and do some work on raising your IQ (72 is not an acceptable number) I assume you have never held or worked with an S3. it has almost nothing in common with an iPhone (aside from they both have touch screens and fall into the category of smartphone). The S3 is well ahead of the iPhone 5 apple is playing catchup (and I own apple stock so I'm not about to try to trash talk them).
  • 0 Hide
    Vladislaus , December 21, 2012 7:02 PM
    getrealExample - Samsung Galaxy series vs iPhoneSources - www.samsung.com / www.apple.com/iPhoneOutcome - YOU MAD!

    http://i-cdn.phonearena.com/images/reviews/119953-image/Apple-iPhone-5-vs-Samsung-Galaxy-S-III-10-jpg.jpg
    Completely identical.
  • -2 Hide
    getreal , December 21, 2012 7:50 PM
    Aragorngetreal, you need to get a job and do some work on raising your IQ (72 is not an acceptable number) I assume you have never held or worked with an S3. it has almost nothing in common with an iPhone (aside from they both have touch screens and fall into the category of smartphone). The S3 is well ahead of the iPhone 5 apple is playing catchup (and I own apple stock so I'm not about to try to trash talk them).


    Definitely mad!
  • -3 Hide
    getreal , December 21, 2012 7:55 PM
    Vladislaushttp://i-cdn.phonearena.com/images [...] 10-jpg.jpgCompletely identical.


    Go to the page that lists apps in a grid and not the useless weather widget, and you literally cannot tell the difference between the two. It looks EXACTLY the same, unlike the Lumia 920, which wasn't blatantly stolen.
  • 0 Hide
    Vladislaus , December 22, 2012 6:30 AM
    getrealGo to the page that lists apps in a grid and not the useless weather widget, and you literally cannot tell the difference between the two. It looks EXACTLY the same, unlike the Lumia 920, which wasn't blatantly stolen.

    So what? My old Nokia listed the apps in the same manner, And I'm pretty confident that Nokia wasn't the first in listing apps in a grid.

    And why is the weather widget useless? Because iPhone doesn't have widgets?

    So stop being a cave troll.