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Samsung to invest in US chip plant
Photo/FILE Samsung Electronics' flat screens are on display at the company headquarters in Seoul. Nation Media Group
Posted Tuesday, August 21 2012 at 18:52
In Summary
- The investment will be made by Samsung Austin Semiconductor in Texas, the company’s only semiconductor plant outside Korea.
- It will be used to renovate existing operations to accommodate full System LSI (large system integration) production, Samsung said.
- Such chips are used in all types of electronics products including smartphones and tablets.
SEOUL, Tuesday
South Korea’s Samsung Electronics has said it would invest about $4 billion (about Sh340 billion) in its US plant to increase production of system chips, used in smartphones, tablets and other electronics products.
The investment will be made by Samsung Austin Semiconductor in Texas, the company’s only semiconductor plant outside Korea.
It will be used to renovate existing operations to accommodate full System LSI (large system integration) production, Samsung said.
Such chips are used in all types of electronics products including smartphones and tablets.
Work will start this month and mass production is scheduled to start in the second half of next year.
“We are extremely pleased to extend our presence in Austin and reinforce Samsung’s capacity for highly advanced logic products,” Woosung Han, president of Samsung Austin Semiconductor, was quoted as saying.
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