Samsung Electronics exec: the investments that endure build more than factories
Source: Fortune ·
We have learned a lesson over nearly five decades in the U.S.: putting up capital is not the same as putting down roots.
From the source
In Taylor, Texas, Samsung is preparing to open a new advanced semiconductor manufacturing facility. It began as the largest investment we had ever made in the United States. But the most important thing about Taylor is not the size of the facility or the dollar figure attached to it. It is what is being built around it. This approach reflects a lesson Samsung has learned over nearly five decades of investing, manufacturing and hiring in the United States: putting up capital is not the same as putting down roots. Samsung has invested more than $100 billion in the U.S. during that time and has been manufacturing semiconductors in Central Texas for more than 30 years, with the total investment in Texas expected to reach around $40 billion by the end of this year. Our U.S. operations, anchored by our semiconductor operations in Central Texas and Silicon Valley, generate more than $40 billion in economic impact to the local economies and support more than 175,000 jobs. In 2025 alone, our…