Last week, we reported that in order for Samsung to meet with market demands, it will set up a new NAND chip plant in Pyeongtaek, Gyeonggi Province. Today, the world leader in advanced semiconductor technology announced that it has begun mass production in its new semiconductor in Pyeongtaek, South Korea. This chip plant will concentrate on the production of Samsung’s fourth-generation V-NAND (64 layers) and the first set of products will be shipped to customers soon.
Oh-Hyun Kwon, Vice Chairman and Chief Executive Officer of Samsung Electronics said
“With the dedication and support of our employees, customers, and partners, our new Pyeongtaek campus represents a new chapter in Samsung’s semiconductor operations”
Two years after the Pyeongtaek campus broke ground in May 2015, it remains the largest single plant in the fabrication industry. There has been a sharp increase in the demand of for the next generation components basically due to the current IT trends such as Artificial Intelligence (AI), the Internet of Things (IoT), big data and automotive technologies. Samsung, is therefore reinforcing its production abilities by investing over KRW 37 trillion in its production facilities so as to meet up with these market demands.
Samsung has a long-term plan for its manufacturing capabilities. It is believed that it will pump in a total of KRW 30 trillion into its current Pyeongtaek line to increase its semiconductor fabrication capacity. Also, detailed plans are in place for its Hwaseong, South Korea, site. It will invest KRW 6 trillion for a semiconductor fabrication plant to boost infrastructural development which includes an Extreme Ultraviolet (EUV) equipment on the site. By 2018, Samsung Display is considering the establishment of a QLED production plant in Asan, South Korea.
Outside its hometown, South Korea, Samsung plans to construct a second semiconductor fabrication line in Xi’an. The first was constructed three years ago and it is currently in full operation. With all these investments, Samsung’s aim is to blockbuster its fabrication network worldwide.
