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Old Posted Apr 14, 2015, 2:21 AM
austlar1 austlar1 is offline
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Join Date: May 2007
Location: Austin
Posts: 3,503
Quote:
Originally Posted by GoldenBoot View Post
Samsung has invested more than $13B in this facility since it opened in 1987. This is the largest investment (aggregate) by a foreign company in Texas and one of the largest single foreign investments in the United States.
I think Samsung opened their first Austin fab in 1996 or 1997, but you are right about the $13Billion plus investment in Austin. The $4 billion figure I incorrectly used was just the estimated cost of the 2010 or 2011 expansion of their multi-billion dollar 2007 chip facility. There must be a lot of back and forth between Austin and Korea as well as a substantial air freight component. I would imagine that right now most of that passenger business is going on AA or KE via DFW. Does anybody know the exact figures for Austin-Seoul passenger traffic.
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