Samsung Investment to Expand Texas Factory by 1.9 Billion USD

2026-11-16 06:14:39

Samsung Electronics plans to invest $1.9 billion to expand its chip factory located in Austin, Texas, to produce STM32V8 microcontrollers for SpaceX's Starlink satellites. The chip utilizes an 18-nanometer FD-SOI process jointly developed by Samsung and STMicroelectronics, featuring low-power high-speed computing capabilities, with production targeted for 2030.