diff --git a/erlang/apps/ld/src/ld.erl b/erlang/apps/ld/src/ld.erl
index 47fc308..909ddfd 100644
--- a/erlang/apps/ld/src/ld.erl
+++ b/erlang/apps/ld/src/ld.erl
@@ -218,7 +218,8 @@ ld(Argv) ->
               %% TODO: receive ok | error
               {ok, Segments0} = phase2(Options, Sections),
               Segments = assign(Options, Segments0),
-              output(Options, Segments);
+              {GlobalMap, FileMap} = symtab_build(Options, Inputs, Segments),
+              output(Options, Segments, GlobalMap, FileMap);
             {error, _Reason} = Error -> Error
           end;
         {error, _Reason} = Error -> Error
@@ -391,9 +392,13 @@ phase2(_Options, Sections) -> {ok, ld_phase2:phase2(Sections)}.
 
 assign(_Options, Segments) -> ld_assign:assign(Segments).
 
+%% Build symbol tables =========================================================
+
+symtab_build(_Options, Inputs, Segments) -> ld_symtab:build(Inputs, Segments).
+
 %% Output Generation ===========================================================
 
-output(_Options, _Segments) -> ok. % FIXME
+output(_Options, _Segments, _GlobalMap, _FileMap) -> ok. % FIXME
 
 %% Error Formatting ============================================================
 
diff --git a/erlang/apps/ld/src/ld_internal.hrl b/erlang/apps/ld/src/ld_internal.hrl
index 4006bd8..9172295 100644
--- a/erlang/apps/ld/src/ld_internal.hrl
+++ b/erlang/apps/ld/src/ld_internal.hrl
@@ -47,4 +47,13 @@
         , sections :: [#section{}]
         }).
 
+%% global symbol table
+-type global() :: #{Symbol :: string() => Value :: non_neg_integer()}.
+
+%% local symbol table within a given file (if Value is string(), consult global table)
+-type local() :: #{SymNdx :: non_neg_integer() => Value :: non_neg_integer() | string()}.
+
+%% map from file names to their local symbol tables
+-type filemap() :: #{File :: string() => Local :: local()}.
+
 -endif. % LD_INTERNAL_HRL
diff --git a/erlang/apps/ld/src/ld_symtab.erl b/erlang/apps/ld/src/ld_symtab.erl
new file mode 100644
index 0000000..5b019af
--- /dev/null
+++ b/erlang/apps/ld/src/ld_symtab.erl
@@ -0,0 +1,98 @@
+%%% -*- erlang-indent-level: 2 -*-
+%%%
+%%% symbol table for pdp10-elf-ld
+%%% Copyright (C) 2020  Mikael Pettersson
+%%%
+%%% This file is part of pdp10-tools.
+%%%
+%%% pdp10-tools is free software: you can redistribute it and/or modify
+%%% it under the terms of the GNU General Public License as published by
+%%% the Free Software Foundation, either version 3 of the License, or
+%%% (at your option) any later version.
+%%%
+%%% pdp10-tools is distributed in the hope that it will be useful,
+%%% but WITHOUT ANY WARRANTY; without even the implied warranty of
+%%% MERCHANTABILITY or FITNESS FOR A PARTICULAR PURPOSE.  See the
+%%% GNU General Public License for more details.
+%%%
+%%% You should have received a copy of the GNU General Public License
+%%% along with pdp10-tools.  If not, see <http://www.gnu.org/licenses/>.
+
+-module(ld_symtab).
+
+-export([ build/2
+        ]).
+
+-include("ld_internal.hrl").
+
+%% Build Symbol Tables =========================================================
+
+-spec build([#input{}], [#segment{}]) -> {global(), filemap()}.
+build(Inputs, Segments) ->
+  FragMap = scan_segments(Segments),
+  scan_inputs(Inputs, FragMap).
+
+%% Scan all segments, which now have load addresses assigned, and record
+%% the load address for every included fragment (file and section).
+scan_segments(Segments) ->
+  lists:foldl(fun scan_segment/2, _FragMap = maps:new(), Segments).
+
+scan_segment(#segment{phdr = Phdr, sections = Sections}, FragMap0) ->
+  #elf36_Phdr{p_vaddr = SegmentBase} = Phdr,
+  lists:foldl(fun(Section, FragMap) ->
+                scan_section(Section, FragMap, SegmentBase)
+               end, FragMap0, Sections).
+
+scan_section(#section{shdr = Shdr, frags = Frags}, FragMap0, SegmentBase) ->
+  #elf36_Shdr{sh_offset = SectionOffset} = Shdr,
+  SectionBase = SegmentBase + SectionOffset,
+  lists:foldl(fun(Frag, FragMap) ->
+                scan_frag(Frag, FragMap, SectionBase)
+              end, FragMap0, Frags).
+
+scan_frag(#sectfrag{file = File, shdr = Shdr, shndx = ShNdx}, FragMap, SectionBase) ->
+  #elf36_Shdr{sh_offset = SectionOffset} = Shdr,
+  maps:put({File, ShNdx}, SectionBase + SectionOffset, FragMap).
+
+%% Scan all input files, whose segments now have load addresses in FragMap,
+%% build a symbol table for each file, and update the global symbol table.
+scan_inputs(Inputs, FragMap) ->
+  lists:foldl(fun(Input, {GlobalMap, FileMap}) ->
+                scan_input(Input, GlobalMap, FileMap, FragMap)
+              end, {_GlobalMap = maps:new(), _FileMap = maps:new()}, Inputs).
+
+scan_input(Input, GlobalMap0, FileMap, FragMap) ->
+  #input{file = File, symtab = Syms} = Input,
+  {GlobalMap, SymTab} = scan_syms(Syms, _ShNdx = 0, File, FragMap, GlobalMap0, _SymTab = maps:new()),
+  {GlobalMap, maps:put(File, SymTab, FileMap)}.
+
+scan_syms([], _SymNdx, _File, _FragMap, GlobalMap, SymTab) ->
+  {GlobalMap, SymTab};
+scan_syms([Sym | Syms], SymNdx, File, FragMap, GlobalMap, SymTab) ->
+  {NewGlobalMap, NewSymTab} = scan_sym(Sym, SymNdx, File, FragMap, GlobalMap, SymTab),
+  scan_syms(Syms, SymNdx + 1, File, FragMap, NewGlobalMap, NewSymTab).
+
+scan_sym(Sym, SymNdx, File, FragMap, GlobalMap0, SymTab0) ->
+  #elf36_Sym{st_name = Name, st_value = Value, st_info = Info, st_shndx = ShNdx} = Sym,
+  true = is_list(Name), % assert in-core name is string()
+  SymVal =
+    case ShNdx of
+      ?SHN_ABS -> Value;
+      ?SHN_UNDEF -> Name; % lookups redirect via GlobalMap
+      ?SHN_COMMON -> error('FIXME');
+      ?SHN_XINDEX -> error('FIXME');
+      _ ->
+        true = ShNdx < ?SHN_LORESERVE, % assert
+        case maps:get({File, ShNdx}, FragMap, false) of
+          false -> error; % not linked/loaded section
+          SectionBase -> SectionBase + Value
+        end
+    end,
+  SymTab = maps:put(SymNdx, SymVal, SymTab0),
+  GlobalMap =
+    case ?ELF36_ST_BIND(Info) of
+      ?STB_GLOBAL when ShNdx =/= ?SHN_UNDEF -> maps:put(Name, SymVal, GlobalMap0);
+      ?STB_GLOBAL -> GlobalMap0;
+      ?STB_LOCAL -> GlobalMap0
+    end,
+  {GlobalMap, SymTab}.