Skip to content

Samsung Eyes $200 Billion Expansion of Chip Plants in Texas

  • South Korean company is leading maker of memory chips
  • US politicians are concerned about supply vulnerabilities
Samsung Electronics Store As The Company's Profit Beats Expectations
Photographer: Jean Chung/Bloomberg
Updated on

Samsung Electronics Co. is floating the idea of a broad expansion of semiconductor manufacturing facilities in Texas, a possibly significant step in bolstering domestic capabilities at a time of rising concern over US vulnerabilities.

The South Korean company, the leading maker of memory chips, laid out potential plans to spend almost $200 billion on 11 plants in a series of filings in the state. Two of the units would be in Austin and nine would be in Taylor, Texas, where Samsung has already unveiled plans to spend $17 billion on an advanced facility.