Samsung is planning on investing over US$1 billion into its processor business. The huge investment is specifically aimed at expanding the Samsung Austin Semiconductor LLC (SAS) in Texas. Investments in its facilities will enhance current System LSI production to meet the growing demands in the industry for advanced system-on-chip (SoC) products especially for mobile and other electronic devices.
According to an Impact Data Source Economic Impact Study, SAS added $3.6 billion into the regional economy of central Texas in 2015. During that same time, SAS supported 10,755 jobs in the area and $498 million in annual salaries. Since its establishment in 1997, Samsung has invested more than $16 billion for the expansion and maintenance of its Austin facility.




