# Samsung to invest $1B in Austin plant for mobile chip production

Samsung will invest $1 billion in its Austin, Texas factory to expand manufacturing capacity for mobile chips and semiconductors, with the investment applied early next year.

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

## Companies

- [Samsung](https://endata.com/companies/5951.md)

## Sources

- [pcworld.com](https://www.pcworld.com/article/410878/samsung-to-invest-1-billion-in-austin-plant-to-make-mobile-chips.html), 2016-11-01: "The investment will be applied early next year, and will also be used to expand manufacturing of semiconductors for electronics, the company said on Tuesday."

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