Samsung invests 16 billion euros in new chip factories

Samsung has been fabbing two new manufacturing plants for chips. The new plant on Pyeongtaek has started mass producing the first chips, that one did cost almost 12 billion and will focus on the production of Samsung’s fourth-generation V-NAND (64 layers).

In addition, Samsung’s plans to construct a second semiconductor fabrication line in Xi’an, China, site are also under review. Samsung’s first semiconductor fabrication line in Xi’an was constructed in 2014 and is presently in full operation.

• By 2021, Samsung will invest a total of 16 Billion euros  into its current Pyeongtaek line to expand its semiconductor fabrication capacity
• Samsung also plans to invest 5 Billion in its Hwaseong, South Korea, site for a semiconductor fabrication line optimized to install state-of-the-art infrastructure including Extreme Ultra Violet (EUV) equipment
• Samsung Display is reviewing plans to establish a new OLED manufacturing site in Asan, South Korea, by 2018

With the new investments, Samsung aims to strengthen its global fabrication network and accelerate the overall development of the IT industry. 

Although Samsung is best known for its smartphones, tablets and TVs, the company earns bigtime with its chip production facilities. In the first quarter of 2017 this branch accounted for over three quarters of operating profit.