|
| [December 13, 2012] |
 |
Major Semiconductor Investment and R&D Center Expansion to Continue at Samsung's Austin Facility
AUSTIN, Texas --(Business Wire)--
Samsung (News - Alert) Austin Semiconductor LLC today announced that a $4 billion
investment at its Austin, Texas, site is on schedule for production of
state-of-the-art mobile application processors within the second half of
2013.
The remodeled fabrication line will produce state-of-the-art mobile
application processors on 300mm wafers at the 28 nanometer process node.
The new boost in production will occur within the second half of 2013
and is expected to alleviate the rapidly growing demand for application
processors for mobile devices.
Along with new renovations from the fabrication front, Samsung's local
research branch, Samsung Austin Research Center, also grew its presence
with about 200 engineers dedicated to design and development of the
latest technologies for mobile application processors.
"Our ongoing, multi-billion dollar investments in Austin ill expand our
footprint as a comprehensive semiconductor hub and demonstrate our
strong commitment to manufacturing, research and development in the
United States," said Woosung Han, president of Samsung Austin
Semiconductor.
Samsung's campus in Austin currently employs 2,500 direct employees, of
which 300 are highly skilled military veterans recently brought on board
as engineers and technicians. Moreover, the vast scope of the
fabrication operation calls for a strong network of vendors, leading to
employment of over 2,500 indirect contract employees.
Samsung's investment in Austin marks the largest foreign investment ever
made in the state of Texas by far. The company's total investment in
Samsung Austin Semiconductor since 1996 will reach $11 billion by year's
end and including the recently announced $4 billion investment, it will
exceed $15 billion.
About Samsung Austin Semiconductor, LLC
Samsung Austin Semiconductor (SAS (News - Alert)), located in Austin, Texas, is owned
by Samsung Electronics and is the company's only semiconductor
fabrication plant located outside Korea. The complex includes one of the
most advanced semiconductor plants in the United States where
state-of-the-art mobile SoCs are made. SAS was the first major Austin
corporation to join Austin Energy's (News - Alert) GreenChoice program, which supports
alternative energy sources such as solar and wind power, and has one of
the most advanced water recycling programs in the industry.
Samsung and the stylized Samsung design are trademarks and service
marks of Samsung Electronics Co., Ltd. Other trademarks are the property
of their respective owners.
[ Back To Smart Grid Home's Homepage ]
|