Asia Express - Computing
Samsung to Spend US$3.6 Bln to Expand Texas Plant
June 11, 2010
Samsung Electronics announced on June 9, 2010 that it plans to invest US$3.6 billion in expanding its 12-inch semiconductor fabrication plant in Austin, Texas, according to a June 10 EE Times report. The expansion is expected to be completed by the end of 2011. It is reported that the expansion is aimed at producing advanced logic devices for Samsung's System LSI (Large Scale Integrated circuits) business. At present, the Austin plant produces a variety of NAND Flash memory chips, which will continue after the expansion is completed. It is estimated that Samsung will hire 500 more employees to support the expanded operation.

In May 2010, Samsung said that it would double its capital expenditure this fiscal year to boost the capacities of semiconductor and flat-panel display production. In the semiconductor sector, Samsung has earmarked an expenditure of US$9.6 billion for production capacity expansion, according to an EE Times report in May 2010.