Samsung Announces Production of the World's Largest Semiconductor Factory

[Global Science and Technology Update] Samsung Electronics recently confirmed that its massive semiconductor facility in Pyeongtaek, South Korea, has officially commenced operations. This state-of-the-art plant primarily focuses on manufacturing 64-layer stacked NAND flash memory, a critical component in modern storage solutions. The construction of this facility came with a staggering price tag of 15.6 trillion won (approximately $13.5 billion USD), making it not only the largest semiconductor plant in Samsung's history but also the biggest semiconductor production hub globally. Attached below is an image providing a visual overview of the facility. In addition to launching this new plant, Samsung has also announced ambitious expansion plans. The company intends to invest 14.4 trillion won (around $12.5 billion USD) to enhance the production capabilities of the Pyeongtaek semiconductor site. Furthermore, Samsung plans to allocate another 6 trillion won (about $5.2 billion USD) toward constructing a cutting-edge semiconductor processing line in Hwaseong. These investments aim to accommodate the growing demand for advanced equipment, particularly those utilizing extreme ultraviolet (EUV) technology. Samsung emphasized that as the world becomes increasingly interconnected through the internet and artificial intelligence, there is a heightened need for high-performance components and automated systems. To meet these demands, Samsung continues to reinvest in its infrastructure, ensuring it stays ahead of technological trends while driving innovation across the IT sector. This strategic move underscores Samsung’s commitment to maintaining its position as a global leader in semiconductor manufacturing. (Written by Intern Yan Yan, Edited by Reviewer Li Zongze) ![](http://i.bosscdn.com/blog/09/66/1b/ecd6f667a2e15c1bc895d64762.jpg)

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