The R&D complex, built in an area covering about 109,000m² within the Giheung campus, will spearhead advanced research on next-generation devices and develop innovative technologies
Samsung begins work on new $15bn semiconductor R&D facility in Korea. (Credit: Samsung Electronics)
Samsung Electronics has started construction on a new KRW20 trillion ($15bn) semiconductor research and development (R&D) complex in Giheung, Korea.
The new facility will be built in an area covering about 109,000m² within the Samsung Electronics’ Giheung campus.
The company will make the investment by 2028 for the new advanced R&D facility.
Samsung Electronics president head of the Device Solutions (DS) Division Kye Kyung said: “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.’
“We expect this new beginning will lay the foundation for sustainable growth of our semiconductor business.”
The new R&D project is expected to spearhead advanced research on next-generation devices along with the processes for memory and system semiconductors. It will also lead to the development of innovative technologies.
It is also anticipated that the new Giheung R&D facility, along with the R&D line in Hwaseong and the semiconductor production complex in Pyeongtaek, will increase the synergy between Samsung’s three main semiconductor complexes in the metropolitan area.
In 1992, the company made its entry into semiconductor technology with the creation of 64Mb DRAM in Samsung Electronics’ Giheung campus, located in the south of Seoul near the DS Division’s Hwaseong campus, claims the company.
Last month, Samsung launched a virtual playground dubbed Samsung Space Tycoon (Space Tycoon), built inside the Roblox metaverse platform.