Samsung to invest $4 billion more in expansion of its Austin, Texas mobile chips factory
Samsung just announced that it will add $4 billion more into the expansion of its Austin, Texas mobile chips facility, where it creates silicon that makes Apple's and its own smartphones and tablets tick. We'd wager to guess the boisterous Texas governor Rick Perry will be doing some ribbon-cutting there again soon.
This is on top of the $1 billion investment it already pledged to the facility, and the $1.9 billion South Korean foundry line for 20nm and 14nm chips for future generations of its Exynos mobile chips family.
Investing into the Austin, Texas chip foundry is part of the huge $42 billion amount that Samsung dedicated to R&D, hiring, acquisitions and factory expansion this year, so the chips inside your iPad and iPhone will continue to be made in America.
source: Reuters
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