Samsung Electronics is set to pump an additional sum of around US$1.9 billion into its semiconductor wafer fabrication facility located in Austin, Texas. This investment is aimed at upgrading production lines and introducing cutting-edge equipment, a move that will significantly bolster its high-end manufacturing prowess within the United States.

A primary objective of this substantial investment is to ramp up the production capacity of CMOS image sensors. Specifically, Samsung will be crafting custom-made sensors for Apple, which are slated to be incorporated into the iPhone 18 and its subsequent iterations.

Furthermore, the Austin City Council has expressed intentions to designate this factory as part of the 'Texas Enterprise Project.' Should this proposal receive approval, Samsung stands to benefit from attractive tax rebate incentives.

Since its inception in 1996, Samsung's cumulative investment in the Austin factory has surpassed the US$40 billion mark. In parallel, Samsung is also in the process of constructing a state-of-the-art factory in Taylor City. This new facility will be dedicated to the mass production of 2-nanometer chips, with production expected to kick off in 2026. Notably, Samsung has already secured orders from Tesla for these advanced chips.