Samsung Electronics investing $1B in Texas semiconductor facility

• To enhance production and meet demand for advanced system-on-chip solutions.
• The division, Samsung Austin Semiconductor, previously disbursed $4B on the plant in 2010.
• Samsung Electronics (OTC:SSNLF), the second largest semiconductor maker globally behind Intel, continues to ramp focus on components aimed at not just its own, though other mobile and electronic device makers' products.
• Related: Samsung Electronics commences mass 10-nanometer processor fabrication