Friday, 8 May 2015

Samsung’s new South Korean chip plant to begin production in first half of 2017

Back in October last year, there were reports that Samsung is planning to invest a whopping 15.6 trillion won (over $14 billion) in a new chip-making factory located in Pyeongtaek, which is 75 km south of Seoul (South Korea). At that time, it was expected that the plant will start production in the second half of 2017, however, Samsung has now said that production will begin in H1 2017.

The South Korean company is also said to invest an additional 10 trillion won on the plant to boost capacity, although it isn’t yet clear when. As for what the factory will create, it is being said that while Samsung is planning to produce DRAM memory chips, some capacity could also be allocated to mobile processors if required.

“The Pyeongtaek semiconductor plant will play a central role in solidifying leadership in the mobile and server markets, which have shown rapid growth in demand recently, and securing share in the next-generation internet of things market,” the tech giant said in a statement.

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