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Samsung Electronics plans to advance the start-up of its first chip factory in Yongin to 2029

2026-07-12·newswire-us-stock-032002
Samsung Electronics plans to advance the start-up of its first chip factory in Yongin to 2029.

According to Yonhap News Agency, industry sources revealed on Sunday that Samsung Electronics is moving forward the start-up time of its first semiconductor factory in the Yongin chip cluster to 2029, one to two years earlier than originally planned.

"The early commissioning of the first factory will enable Samsung to respond more quickly to rapidly growing global demand for artificial intelligence chips," an industry official said.

Separately, Samsung said last month that it plans to invest 2,030 trillion won (approximately US$1.35 trillion) in the Pyeongtaek and Yongin semiconductor clusters and 400 trillion won to build two new chip factories in Gwangju, 270 kilometers south of Seoul, under its super project investment plan. (

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Samsung Electronics plans to advance the start-up of its first chip factory in Yongin to 2029

[Samsung Electronics plans to bring forward the start-up time of its first semiconductor factory in Yongin to 2029] According to Yonhap News Agency, industry sources revealed on Sunday that Samsung Electronics is working on bringing forward the start-up time of its first semiconductor factory in Yongin chip cluster to 2029, one to two years earlier than originally planned. "The early commissioning of the first factory will enable Samsung to respond more quickly to rapidly growing global demand for artificial intelligence chips," an industry official said. Separately, Samsung said last month that it plans to invest 2,030 trillion won (approximately US$1.35 trillion) in the Pyeongtaek and Yongin semiconductor clusters and 400 trillion won to build two new chip factories in Gwangju, 270 kilometers south of Seoul, under its super project investment plan.

According to Yonhap News Agency, industry sources revealed on Sunday that Samsung Electronics is moving forward the start-up time of its first semiconductor factory in the Yongin chip cluster to 2029, one to two years earlier than originally planned. "The early commissioning of the first factory will enable Samsung to respond more quickly to rapidly growing global demand for artificial intelligence chips," an industry official said. Separately, Samsung said last month that it plans to invest 2,030 trillion won (approximately US$1.35 trillion) in the Pyeongtaek and Yongin semiconductor clusters and 400 trillion won to build two new chip factories in Gwangju, 270 kilometers south of Seoul, under its super project investment plan. (

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