Samsung Invests Another $4 Billion in Austin Plant

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Samsung is ramping its efforts to make a big splash as a 28 nm SoC vendor.

The company said that it will be investing another $4 billion in its Austin location to renovate some facilities and to "accommodate full System LSI production", Digitimes reported.

"The added ability in production will allow our customers to better respond to market needs," said Woosung Han, president of Samsung Austin Semiconductor. The current construction employes about 2,500 workers.

Samsung currently manufactures A5 processors for Apple's iPhone and iPad devices and the recent announcement indicates that the company is not just upgrading, but also extending its production capacity. Samsung said that it has invested $13 billion in the Austin fab since 1996.

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Wolfgang Gruener
Wolfgang Gruener
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Wolfgang Gruener is an experienced professional in digital strategy and content, specializing in web strategy, content architecture, user experience, and applying AI in content operations within the insurtech industry. His previous roles include Director, Digital Strategy and Content Experience at American Eagle, Managing Editor at TG Daily, and contributing to publications like Tom's Guide and Tom's Hardware.

16 Comments Comment from the forums
  • A Bad Day
    Within half a decade, 28mn would be out of date.

    That's the beauty of technological progress.
    Reply
  • booyaah
    Whats a mn? :)
    Reply
  • azraa
    booyaah! typo right there 8D
    Reply
  • webbwbb
    booyaahWhats a mn?
    Millinanite
    Reply
  • saturnus
    booyaahWhats a mn?
    Sometimes mn is erroneously used to abbreviate "million". Probably due to the confusion that a million is properly abbreviated MM, ie. millium milia, or a thousand thousands. This is the abbreviation used in finance. In SI (International Standard Units) M signifies a Mega, or a million though. So there's inconsistency.
    Reply
  • azraa
    manoneter.
    Reply
  • house70
    Investing in local economy is a good thing. Too bad a foreign company has to come here and show the locals how it's done, because the locals are just too busy maximizing their bonuses by outsourcing.
    Reply
  • hate machine
    Samsung, a Korean company creates jobs in America.
    Apple, an American company creates jobs in China through a Chinese Company.

    INB4 "BUT LOLOLOLOLOL APPLE CONTRACTS SAMSUNG TO MAKE CHIPZ THESE JOBS ARE HERE BECAUSE OF JOBZ LOLOLOLOLOL"

    Samsung fabricates chips for all sorts of companies and this plant was primarily a flash chip manufactorium for Samsung devices before the Apple contracts.
    Reply
  • thecolorblue
    house70Investing in local economy is a good thing. Too bad a foreign company has to come here and show the locals how it's done, because the locals are just too busy maximizing their bonuses by outsourcing.well said
    Reply
  • LukeCWM
    Are they trying to spend money fast before the court orders them to fork it over to Apple?

    I definitely hope Samsung wins the case, it's only reasonable. But that the case has gone this far makes me lose faith in the system...
    Reply