Samsung to invest $1 billion into Austin semiconductor facility to support demand for mobile, electronic devices

Samsung plans to invest more than $1 billion to enhance its chip production at its 2.3 million-square-foot semiconductor facility located off Parmer Lane in Northeast Austin. The investment will be made in the first half of 2017 and will support growing demands for advanced system-on-chip products made for mobile and other electronic devices. The Samsung Austin Semicondcutor produces many components found in tablets, smartphones and other mobile devices. Mayor Steve Adler said Samsung officials discussed their plans with him while he visited with them in Korea.

The post Samsung to invest $1 billion into Austin semiconductor facility to support demand for mobile, electronic devices appeared first on Community Impact Newspaper.

Source: Community Impact- Round Rock