As a world leader in advanced semiconductor technology, Samsung Electronics, has laid out plans to increase its investment in its System LSI and Foundry businesses by US$33.5bn over the next nine years.
Samsung’s Plans for its Latest Investment
Previously Samsung Electronics committed US$117.26bn in 2019 to achieve its goal of becoming the world leader in logic chips by 2030. It’s latest increase of US$33.5bn will help the company to accelerate its research into cutting-edge semiconductor process technology and the construction of a new production facility.
“For the past two years, Samsung has been closely collaborating with various semiconductor design companies, component and equipment manufacturers, as well as academia in making progress towards that goal,” stated Samsung.
The expansion of its Foundry Business will help Samsung to fuel “entire new industries built on next-generation technologies like AI, 5G and autonomous driving.”
Samsung’s New Production Line in Pyeongtaek, Korea
Expected to be complete in the second half of 2022, Samsung has already begun its construction of the new production line in Pyeongtaek, Korea. “As one of the world’s largest semiconductor clusters, Pyeongtaek will serve as the leading hub for next-generation innovations,” commented Samsung.
The new facility will be state-of-the-art, equipped with the latest technology, producing 14-nanometer DRAM and 5-nanometer logic semiconductors based on extreme ultraviolet (EUV) lithography technology.
“The entire semiconductor industry is facing a watershed moment and now is the time to chart out a plan for long-term strategy and investment. For the memory business, where Samsung has maintained its undisputed leadership position, the Company will continue to make preemptive investments to lead the industry,” said Dr. Kinam Kim, Vice Chairman and Head of Device Solutions Division at Samsung Electronics.