Major Semiconductor Investment and R&D Center Expansion to Continue at Samsung's Austin Facility

  Major Semiconductor Investment and R&D Center Expansion to Continue at
  Samsung's Austin Facility

Business Wire

AUSTIN, Texas -- December 13, 2012

Samsung Austin Semiconductor LLC today announced that a $4 billion investment
at its Austin, Texas, site is on schedule for production of state-of-the-art
mobile application processors within the second half of 2013.

The remodeled fabrication line will produce state-of-the-art mobile
application processors on 300mm wafers at the 28 nanometer process node. The
new boost in production will occur within the second half of 2013 and is
expected to alleviate the rapidly growing demand for application processors
for mobile devices.

Along with new renovations from the fabrication front, Samsung’s local
research branch, Samsung Austin Research Center, also grew its presence with
about 200 engineers dedicated to design and development of the latest
technologies for mobile application processors.

"Our ongoing, multi-billion dollar investments in Austin will expand our
footprint as a comprehensive semiconductor hub and demonstrate our strong
commitment to manufacturing, research and development in the United States,"
said Woosung Han, president of Samsung Austin Semiconductor.

Samsung’s campus in Austin currently employs 2,500 direct employees, of which
300 are highly skilled military veterans recently brought on board as
engineers and technicians. Moreover, the vast scope of the fabrication
operation calls for a strong network of vendors, leading to employment of over
2,500 indirect contract employees.

Samsung's investment in Austin marks the largest foreign investment ever made
in the state of Texas by far. The company's total investment in Samsung Austin
Semiconductor since 1996 will reach $11 billion by year’s end and including
the recently announced $4 billion investment, it will exceed $15 billion.

About Samsung Austin Semiconductor, LLC

Samsung Austin Semiconductor (SAS), located in Austin, Texas, is owned by
Samsung Electronics and is the company's only semiconductor fabrication plant
located outside Korea. The complex includes one of the most advanced
semiconductor plants in the United States where state-of-the-art mobile SoCs
are made. SAS was the first major Austin corporation to join Austin Energy's
GreenChoice program, which supports alternative energy sources such as solar
and wind power, and has one of the most advanced water recycling programs in
the industry.

Samsung and the stylized Samsung design are trademarks and service marks of
Samsung Electronics Co., Ltd. Other trademarks are the property of their
respective owners.

Contact:

Samsung Austin Semiconductor
Catherine Q. Morse, 512-672-1008
 
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