By Joseph M. de Leon Friday, 22 October 2010
AUSTIN — At a time when high-tech manufacturing jobs are declining, Samsung Austin Semiconductor LLC is expected to hire 600 workers by mid-2011. It is also credited with contributing to more than 6,500 jobs outside of the company and accounts for nearly $300 million in annual payroll for support businesses.
Samsung’s presence in northeast Austin is also estimated to account for more than $1.4 billion each year in local economic activity, according to a report released in September by economic consulting firm TXP Inc. The Greater Austin Chamber of Commerce commissioned the report earlier this year.
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