Samsung Investing $3 Billion Into Texas-Based Manufacturing Plant Responsible for iPhone Parts

Despite Samsung and Apple’s constant drag-out fights in the courtroom, Samsung’s manufacturing side is still very friendly with Apple. So friendly, in fact, that they’re going to invest another $3 billion in an Austin, Texas-based plant that produces iPhone chips, such as the A5 and A5x SoCs.

Samsung Electronics Co. confirmed Monday that it will spend between $3 billion and $4 billion over the next year in converting roughly half of its Austin chip manufacturing operation to a new, potentially more profitable product.

Samsung is the largest smartphone maker on the planet, but is closely followed by Apple (70 million to roughly 63 million, respectively), and both companies require large amounts of chipsets. However, it does seems as if the Austin-based plant will be producing more parts for Apple than Samsung.

Counting this new investment round, Samsung will have invested more than $13 billion in the Austin, Texas area – one of the largest foreign investments on American soil.

[The Statesman]

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