Samsung Electronics breaks ground on new semiconductor complex in South Korea

Samsung Electronics has broken ground on a new semiconductor research and development (R&D) complex in Giheung, South Korea.

According to the blog post, Samsung Electronics hopes the new complex will extend its ‘leadership in state-of-the-art semiconductor technology’.

The electronic manufacturer plans to invest about 20 million South Korean won (£12.bn) into the complex by 2028.

The complex will cover about 109,000 square metres within its Giheung campus.

With the slogan for the new complex said to be “Creating the future with new technology”, the facility will research next-generation devices and processes for memory and system semiconductors, and will also look to develop new technologies as part of its long-term roadmap.

The complex will include a dedicated semiconductor R&D line, which is scheduled to become operational in mid-2025.

“Our new state-of-the-art R&D complex will become a hub for innovation where the best research talent from around the world can come and grow together,” said Kye Hyun Kyung, president, and CEO of Samsung Electronics. “We expect this new beginning will lay the foundation for sustainable growth of our semiconductor business.”