New Samsung plant appears headed for Austin
Via The Austin Business Journal.
Samsung Electronics Co., the world's largest maker of computer-memory chips, plans to build a 300-millimeter fab plant in Austin, according to Korean news reports.
On Wednesday, Samsung's vice chairman Yun Jong Yong confirmed at a government audit session in South Korea that the company will invest $2.8 billion to build the chip plant in the U.S., according to the Chosun Llbo, South Korea's largest daily newspaper.
The company is expected to officially sign agreements regarding the move in November, and construction would begin in early 2006.
Austin is already the site of Samsung's only U.S. chip production plant.
posted by Fergie @ 10/07/2005 09:43:00 AM
0 Comments:
Post a Comment
<< Home