Samsung invests $4 billion to upgrade Austin plant

Posted on Tuesday, August 21 2012 @ 21:40 CEST by Thomas De Maesschalck
Samsung announced it will invest $4 billion to remodel its semiconductor fab in Austin, Texas for the production of 300mm wafers at the 28nm process node. The upgrade plans will take Samsung's total fab investment in Texas to $13 billion, last year the South Korean giant completed construction of phase two at the Austin fab, where it makes Apple A4 and A5 processors, as well as other logic chips.
Samsung said it plans to start work on the upgrade later this month. Mass production of the retroffited facility is expected to commence in the second half of next year, Samsung said.

"The added ability in production will allow our customers to better respond to market needs," said Woosung Han, president of Samsung Austin Semiconductor, in a statement.

Samsung said the $4 billion investment would mark the largest ever foreign investment in the state of Texas.
Source: EE Times


About the Author

Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.



Loading Comments