# Samsung Austin Semiconductor plans $1B investment in Austin, Texas

Samsung Austin Semiconductor LLC plans to invest more than $1 billion by the first half of 2017 to enhance System LSI production for advanced system-on-chip products.

- Type: Investment
- Announced: 2016-11-01
- Where: Austin, Texas, United States
- Value: $1.00B
- Jobs: 500
- Starts operating: Jul 2017
- Status: announced
- Products: system-on-chip products, mobile chips
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Samsung Austin Semiconductor](https://endata.com/companies/15310.md)

## Sources

- [news.samsung.com](https://news.samsung.com/global/samsung-austin-semiconductor-continues-central-texas-growth-with-more-than-1-billion-in-investment), 2016-11-01: "Samsung Austin Semiconductor LLC (SAS) continues to contribute to the health of the Austin economy by planning to invest more than $1 billion by the first half of 2017."
- [assemblymag.com](https://www.assemblymag.com/articles/93628-samsung-to-invest-1-billion-in-texas-semiconductor-factory), 2016-11-08: "Samsung Austin Semiconductor LLC plans to invest more than $1 billion in its chip-making factory here."
- [kvue.com](https://www.kvue.com/article/news/local/samsung-leaders-hope-to-continue-to-invest-in-austin/269-363535523), 2016-12-05: "Samsung plans to invest the additional billion dollars into smart chips and bring 500 new jobs to Austin."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.