Samsung Austin Semiconductor announces $1 million gift to Taylor, Texas community organizations

Samsung Austin Semiconductor announced on Aug. 19 that it will make a total of $1 million in donations to support charitable organizations that are impacting the lives of residents in Taylor, Texas. As the one-year anniversary nears of the City of Taylor and Williamson County approving incentives to bring Samsung's newest $17 billion advanced semiconductor fab site to the area, the company is demonstrating its commitment to being a good neighbor. "Samsung Austin Semiconductor is thrilled to become a part of the fabric of Taylor. We have been working during the past year to identify the best way to support our new community. This gift will address the increased needs of its citizens, especially those in Eastern Williamson County, around food insecurity, mental health and wellness, and our ongoing commitment to improve the lives and futures of local youth," said Corporate Vice President of Public Affairs Jon Taylor in his announcement speech. Samsung Austin Semiconductor's donation will be presented to the following:

• Taylor Independent School District ($250,000) to support academic success for its students.
• Boys & Girls Club of Eastern Williamson County ($250,000) to support programming that enables all young people, especially those who need the most, to realize their full potential as productive, caring, and responsible citizens.
• Shepherd's Heart Food Pantry & Community Ministry ($250,000) to support food access for Taylor residents.
• Bluebonnet Trails ($250,000) to support access to health resources in Taylor.

"Among the many reasons the City Council has been supportive of Samsung is the company's track record of being a good corporate citizen," said Brandt Rydell, City of Taylor Mayor. "Samsung is committed to being an active and engaged part of our community, and that is evidenced today by the company's generous contributions to these worthy entities doing great work and addressing real needs in Taylor." This gift is in addition to the previously announced $300,000 charitable investment that Samsung makes each year to support tax-exempt organizations who have a civic and community development impact in Taylor. In addition to financial support, Samsung is committed to preparing local residents for good-paying jobs in the advanced manufacturing industry through upskilling programs, high school internships, recruiting efforts and more. "The most precious and valuable gift we have in our community is our children," said Williamson County Judge William "Bill" Gravell. "They are our future. Samsung's generous donations to these four organizations will touch the lives not only of children and their families in the Taylor community today, but will benefit future families as these children become tomorrow's leaders. They are investing in a solid foundation for generations to come." Click here to learn more about the new Taylor fab. Additional Comments from Local Officials "I applaud Samsung Austin Semiconductor for supporting the Taylor community and these worthwhile charities today. This is a commendable commitment to Texas, as Samsung prepares to bring more jobs and innovation with its massive investment in the Lone Star State." - U.S. Senator Ted Cruz "Samsung has been an amazing partner for Texas. Not only are they investing in our community by establishing a new semiconductor fabrication facility, which will create thousands of good paying jobs that will help boost the local economy, they are also giving back to the community. I applauded Samsung for their generous donations to Bluebonnet Trails, The Boys & Girls Club of Eastern Williamson County, Shepherd's Heart Food Pantry & Community Ministry, and Taylor Independent School District. I am grateful for their partnership and continued leadership." - U.S. Representative Michael McCaul "Williamson County is a great place to live and work because of community partnerships like this one. Samsung is truly embracing their new home and this money is a huge blessing to these organizations and the Williamson County residents they serve. Thank you to both Samsung and these non-profits for making our community a better place." - U.S. Representative John Carter "Williamson County is a great place to live and work because of community partnerships like this one. Samsung is truly embracing their new home and this money is a huge blessing to these organizations and the Williamson County residents they serve. Thank you to both Samsung and these non-profits for making our community a better place." - U.S. Representative John Carter "From my initial meeting with Samsung, they have shown a huge desire to be a part of and support Taylor. This gift shows not only their generosity, but also their commitment to the community as well. - Williamson County Commissioner Russ Boles

About Samsung Austin Semiconductor, LLC Samsung Austin Semiconductor is one of the most advanced semiconductor manufacturing facilities in the world and an integral part of Central Texas for more than 26 years, driving job generation, economic impact and engagement with the surrounding community. Samsung Austin Semiconductor serves a global customer base with broad semiconductor process technology offerings that impact everyday life including mobile, graphic, consumer, networking/high performance computing, Internet of Things, RF and automotive. Through successful collaborations with foundry customers and a continuous drive to develop the most cutting-edge technologies, Samsung Austin Semiconductor has become a major player in the foundry market. Samsung Austin Semiconductor's technology portfolio ranges from 65nm to 28nm using planar transistor technology to the more advanced 14nm 3D FinFet technology. With more than 3,300 employees, 2.45 million square feet of floor space, and more than 600+ acres in land holdings, Samsung Austin Semiconductor's economic impact in 2021 generated $6.3 billion into Austin's economy through salaries and other expenditures. Plus, its parent company, Samsung Electronics Co., Ltd announced a $17 billion investment to boost semiconductor production capacity at a new site in Taylor, Texas. This is in addition to the $18 billion invested in Samsung Austin Semiconductor's Austin, Texas campus, since 1996 -- making it one of the largest direct foreign investments in United States history. Samsung Austin Semiconductor is a premier and growing employer who provides a great place to work, is committed to environmental stewardship and being a good corporate citizen. Our employees are the key to our success and we invest in our people with competitive compensation & benefit packages, career development opportunities and programs that enhance physical, emotional and intellectual well-being. Our employees work at various locations throughout Central Texas including the main plant on East Parmer Lane in northeast Austin, a satellite office near Pflugerville and the construction site in Taylor, Texas. Learn more at www.samsung.com/us/sas.