# Samsung Electronics plans $17B foundry investment in US

Samsung Electronics is expected to announce a $17 billion (approx. 19 trillion won) investment to build a second foundry plant in the US, likely in Austin, Texas, as early as May 2021.

- Type: Investment
- Announced: 2021-04-18
- Where: Austin, Texas (likely), United States
- Value: $17.0B
- Status: rumored
- Products: semiconductor foundry
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Samsung Electronics](https://endata.com/companies/647.md)

## Sources

- [fnnews.com](https://www.fnnews.com/news/202104181805571055), 2021-04-18: "삼성전자는 이르면 다음 달 미국에 170억달러(약 19조원)에 달하는 제2파운드리(반도체 위탁 생산) 공장 건설 계획을 발표할 것으로 알려졌다."

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