11 new fabs, 10,000 new jobs

Tech giant Samsung plans to build 11 new chip manufacturing facilities in the Austin area, a move that could drive nearly $200 billion in new investment and create more than 10,000 jobs.

In what could be the biggest economic investment in Central Texas history, tech giant Samsung plans to build 11 new chip manufacturing facilities in the Austin area over the next two decades, a move that could lead to nearly $200 billion in new investment and create more than 10,000 jobs, according to documents filed with the state.

After announcing plans to build a $17 billion semiconductor factory in Taylor, Samsung could increase its investment in the region by more than 10 times that amount if the proposed facilities were to be built.

The potential plans are outlined in 11 petitions Samsung has filed with Taylor and Manor school districts seeking tax relief for building the facilities. The demands, part of the state’s Chapter 313 incentives program, were posted Wednesday afternoon on the Texas Comptroller’s website.

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