Today's Hard|Forum Post
Today's Hard|Forum Post

Tuesday August 21, 2012

Samsung To Invest $4 billion in Austin Plant

Samsung Electronics announced today that it plans to spend $4 billion renovating its Austin, Texas plant.

Samsung's Tuesday announcement is its latest push into the lucrative logic chip business. In June, Samsung said it would spend nearly $2 billion to build a new production line in South Korea to ramp up mobile chips that work as a brain in smartphones and tablet computers.