Samsung to invest $4 billion in U.S. plant to make more mobile chips

Advertisement
By Reuters | Updated: 21 August 2012 15:49 IST
Samsung Electronics Co said on Tuesday it will spend about $4 billion at its chip plant in Austin, Texas, to renovate an existing chip producing line and boost production of system chips, widely used in popular smartphones and tablets.

The investment comes on top of 2.25 trillion won in spending that Samsung announced in June to build a new logic chip plant in South Korea, and the conversion of two memory chip lines into logic chip production earlier this year to meet growing demand from mobile gadget customers such as Apple.

Copyright Thomson Reuters 2012

 

Get your daily dose of tech news, reviews, and insights, in under 80 characters on Gadgets 360 Turbo. Connect with fellow tech lovers on our Forum. Follow us on X, Facebook, WhatsApp, Threads and Google News for instant updates. Catch all the action on our YouTube channel.

Further reading: Apple, Samsung
Advertisement

Related Stories

Popular Mobile Brands
  1. Oppo Find X9 Ultra With 200-Megapixel Periscope Camera Launched Globally
  2. Vivo X300 FE Roundup: Expected Price in India, Specifications
  3. Samsung Galaxy S27 Ultra Might Arrive With This Battery Upgrade
  4. Assassin's Creed Black Flag Resynced Will Be Revealed This Week
  5. iPhone 18 May Not Arrive With Hardware Upgrades as Apple Cuts Costs: Report
  1. NASA Shuts Down Voyager 1 Instrument to Extend Mission Life in Deep Space
  2. Oppo Enco Clip 2 With Open-Ear Design, Up to 40 Hours Total Battery Life Launched Alongside Oppo Watch X3 Mini
  3. Vivo Y6t Launched With 6,500mAh Battery, Snapdragon 4 Gen 2 SoC: Price, Specifications
  4. OCBC Partners Lion Global Investors and DigiFT to Launch Tokenised Gold Fund With GOLDX Token
  5. Oppo Pad 5 Pro Launched With 13,380mAh Battery, Snapdragon 8 Elite Gen 5 SoC Alongside Oppo Pad Mini: Price, Features
  6. Redmi K90 Max Launched With Dimensity 9500 SoC, 8,550mAh Battery and Active Cooling Fan: Price, Specifications
  7. Oppo Find X9 Ultra Launched With Snapdragon 8 Elite Gen 5 SoC, 200-Megapixel Periscope Camera: Price, Specifications
  8. Oppo Find X9s Pro Launched With 200-Megapixel Cameras, 7,025mAh Battery: Price, Specifications
  9. OnePlus Ace 6 Ultra Geekbench Listing Reveals MediaTek Dimensity 9500 Chip, 16GB RAM
  10. Motorola Edge 70 Pro+ Leaked Renders Hint at Design, Five Colour Options
Download Our Apps
Available in Hindi
© Copyright Red Pixels Ventures Limited 2026. All rights reserved.