From Tech to Town: Economic Impact from Samsung's Chip Investments

Published: 28 February 2024
on channel: Samsung Semiconductor Newsroom
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For over 28 years, Samsung Austin Semiconductor has been a key player in shaping Central Texas, contributing significantly to job creation, fueling economic growth, and fostering strong community ties. This enduring commitment has resulted in a substantial economic impact in Central Texas, totaling an impressive $26.8 billion.

With a substantial $18 billion investment in our cutting-edge chip manufacturing plant in Austin, Texas, we've solidified our position as a hub of innovation, making substantial contributions to the U.S. economy. In 2023 alone, our impact surged to an incredible $15.1 billion in Central Texas.

As we embark on the exciting journey of the $17 billion Samsung Taylor Fab in Texas, we're poised to redefine the semiconductor landscape. This venture goes beyond technology; it's about creating 18,161 jobs and pushing the possible boundaries. Join us on this exhilarating path of innovation, job creation, and community building.

#SamsungSemiconductor #Taylor #Austin


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