AfterDawn: News

Samsung has invested $4 billion more in Texas factory

Samsung has announced a new investment of $4 billion in the Austin, Texas plant where they build Apple's processor chips.

The company is looking to expand production capacity for the processors, seen in mobile devices.



Samsung will use the money to retrofit existing installations and create complete new production lines. Mass production will begin in the Q3 2013.

The investment marks the largest foreign investment in Texas of all-time.

Over time, Samsung has invested over $13 billion in the plant. The commercial agreement between Samsung and Apple is expected to last at least a few more years.

Written by: Andre Yoskowitz @ 22 Aug 2012 21:59

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• 7 comments

• KSib

  This is funny considering they're in the middle of a huge legal dispute.
  

  22.8.2012 22:15 #1

• deak91

  you would think with the lawsuits that apple and Samsung have against each other they would not be investing with apple..
  big companies make me laugh at what they do sometime
  

  22.8.2012 22:27 #2

• Azuran

  ...Right because saying no to money would be a better idea?
  

  22.8.2012 23:08 #3

• aeonstom0

  I guess there's nothing personal or hard feeling lol lol
  

  23.8.2012 01:36 #4

• LordRuss

  Originally posted by KSib: This is funny considering they're in the middle of a huge legal dispute. If memory serves, Samsung is ahead 2/3 on those cases. And despite, Apple will lose out seeing as Samsung is the only game in town for Apple's discriminating taste in components these days.
  
  Granted, Samsung won't lower their standards, that's bad business, but they certainly won't renew or shop for new business with them.
  
  Pissing in the pool was not a good idea. Apple's only choice now is to lower their standards even more & gouge the hell out of the customers even harder if they keep this charade up.
  

  http://onlyinrussellsworld.blogspot.com

  24.8.2012 11:28 #5

• scorpNZ

  It's a case of it's just business don't take it personally which is why sammy & sapples still do business
  

  AD Guides: http://www.afterdawn.com guides/
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  26.8.2012 00:24 #6

• xboxdvl2

  i think if samsung are building the processors for apple they should charge apple at least 10000% more just to cover the costs of the lawsuitsw.
  

  R.I.P. mr 1990 ford falcon.got myself a 1993 toyota corolla seems to run good.computers still going good.

  26.8.2012 04:02 #7