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Samsung officially opens 300mm NAND fab in Austin |
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Jun 15, 2007 at 02:55 PM |
 At a ceremony held on June 14, Samsung Electronics has officially opened its first 300mm fab in North America, located in Austin, Texas. The opening was attended by Texas Governor Rick Perry and Samsung Electronics Vice Chairman & CEO Jong-Yong Yun, amongst other dignitaries.
"Our monumental new fabrication facility that we built in Austin is a testament to the company's commitment to our U.S. customers," said Vice Chairman Yun. "With the Austin plant, Samsung will supply the American market with the most advanced flash memory products available."
"With this new manufacturing facility, Samsung has made the single largest foreign investment in Texas history," said Texas Governor Rick Perry. "The facility will provide a significant boost to the Texas economy, employment base and cultural life."
The first product of the new plant will be 16Gb NAND flash chips using 50nm process technology. The $3.5 billion facility will initiate operation in the second half of 2007 and ramp up to produce 60,000 wafers per month by 2008, according to Samsung.
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