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Samsung breaks ground on new semiconductor fabrication facility

Samsung has broken ground on a new semiconductor fabrication plant at the Godeok Industrial Complex in Pyeongtaek, Korea.

Published Fri, May 8 2015 3:15 PM CDT   |   Updated Sat, Aug 8 2020 10:29 AM CDT

Earlier this week, Samsung broke ground on its new semiconductor fabrication facility at the Godeok Industrial Complex in Pyeongtaek, Korea.

Samsung breaks ground on new semiconductor fabrication facility | TweakTown.com

The electronics company is the No. 2 chip maker based on revenue, and it's unknown what will be specifically manufactured at the facility. Some Korean news sources say DRAM memory chips will be the focus of manufacturing, with space allowed for mobile processors depending on global demand.

The new industrial complex will have more than $14 billion invested by Samsung, which is the largest amount it has invested in a single facility.

"The added fabrication capabilities will enable Samsung to solidify its industry leadership in the expanding mobile and server sectors, as well as respond to growing need for semiconductor components in the Internet of Things (IoT) marketplace," the company said in a public statement.

An experienced tech journalist and marketing specialist, Michael joins TweakTown looking to cover everything from consumer electronics to enterprise cloud technology. A former Staff Writer at DailyTech, Michael is now the West Coast News Editor and will contribute news stories on a daily basis. In addition to contributing here, Michael also runs his own tech blog, AlamedaTech.com, while he looks to remain busy in the tech world.

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