Last November, Samsung Electronics announced plans to build a new semiconductor manufacturing plant in Taylor and invest $17 billion.
But that may be just the beginning.
Last week, Samsung filed papers with the Texas Comptroller’s office outlining plans for “up to ten separate fabrication facilities” if the project were located in Williamson County. Fab 1 is
Samsung’s current Taylor project underway. Applications for Fabs 2 through 10 show two of the plants could be located in Travis County at Samsung’s Austin facility.
The proposed additional investment is $160.1 billion for the chip manufacturing plants known as Fab. 2 through Fab. 10 which would be built during the next two decades. And the projects are expected to generate more than 8,200 new jobs.
The projects are highly competitive, and Samsung is looking at national and global sites, plus sites in South Korea where Samsung Austin Semiconductor’s parent company is headquartered, according to the filings. Samsung is seeking tax abatements from Taylor and Manor Independent School Districts.
The most important factors for Samsung’s new facilities are access to talent, existing semiconductor manufacturing ecosystem, speed to market and strong public-private partnership.
“Because of its strong ties to the local community and the successful past 26 years of manufacturing in Texas, Samsung Austin Semiconductor would like to continue to invest in the region and state,” the company wrote in its filing.
FAB1 – Is the $17 billion plant underway in Taylor that will create 2,000 new jobs and is expected to be operational in the second half of 2024.
FAB2- Fab 2 investment would be approximately $15.1 billion dollars, and the project would result in the creation of at least 1,000 quality, net-new jobs. The proposed investment would be used to build a new semiconductor wafer fabrication facility and purchase new production machinery & equipment used in connection with manufacturing, processing, and fabricating semiconductors in a cleanroom environment. Should Samsung make its investment, Samsung Austin Semiconductor estimates that production would be up and running by 2034
FAB3 – If the new project were located in Austin, it would comprise two new separate fabrication facilities located on the company’s 640-acre site. The investment associated with Fab 3 would be approximately $12 billion dollars, and Fab 3 would result in the creation of at least 900 quality net-new jobs. Should Samsung make its investment, Samsung Austin Semiconductor would be up and running by 2034.
FAB4 –The investment associated with Fab 4 would be approximately $12.5 billion dollars, and Fab 4 would result in the creation of at least 900 quality net-new jobs. Fab 4 would consist of a new manufacturing facility for semiconductors. Should Samsung make its investment, Samsung Austin Semiconductor would be up and running by 2042.
FAB5- Fab 5 investment would be approximately $17.5 billion dollars, and the project would result in the creation of at least 900 quality, net-new jobs. Fab 5 would consist of a new manufacturing facility for semiconductors. If approved, it would be up and running by 2037.
FAB6 – Fab 6 investment would be approximately $18.5 billion dollars, and the project would result in the creation of at least 900 quality, net-new jobs. Fab 6 would consist of a new manufacturing facility for semiconductors. If approved, it would be up and running by 2038.
FAB-7 – Fab 7 investment would be approximately $19.5 billion dollars, and the project would result in the creation of at least 900 quality, net-new jobs. Fab 7 would consist of a new manufacturing facility for semiconductors. If approved, it would be up and running by 2039.
FAB-8 – Fab 8 investment would be approximately $20.5 billion dollars, and the project would result in the creation of at least 900 quality, net-new jobs. Fab 8 would consist of a new manufacturing facility for semiconductors. If approved, it would be up and running by 2040.
FAB-9 – Fab 9 investment would be approximately $21.5 billion dollars, and the project would result in the creation of at least 900 quality, net-new jobs. Fab 9 would consist of a new manufacturing facility for semiconductors. If approved, it would be up and running by 2041.
FAB-10 – Fab 10 investment would be approximately $23 billion dollars, and the project would result in the creation of at least 900 quality, net-new jobs. Fab 10 would consist of a new manufacturing facility for semiconductors. If approved, it would be up and running by 2042.