Samsung Electronics on Friday broke ground for a new semiconductor research and development complex in Giheung, South Korea, with the goal of extending its leadership in cutting-edge semiconductor technology.

Samsung R&D facility South Korea

The South Korean tech giant intends to invest approximately KRW 20 trillion ($15 billion) by 2028 in the complex, which will span approximately 109,000 square meters on its Giheung campus. The new facility will apparently spearhead advanced research on next-generation devices and processes for memory and system semiconductors, as well as the development of innovative new technologies based on the company’s long-term roadmap.

Samsung hopes to surpass the restrictions of semiconductor scaling and strengthen its competitive edge in semiconductor technology by establishing the new R&D facility.

Back in 2019, Samsung stated intentions to spend KRW 133 trillion ($100 billion today, $115 billion in 2019) on semiconductor R&D by 2030. The business devoted KRW 73 trillion ($54.6 billion) to R&D operations in South Korea, thus investing $15 billion in a single R&D site fits perfectly with this strategy.

The new R&D center will collaborate with Samsung’s existing R&D line in Hwaseong (which focuses on memory, system LSI, and foundry technologies) and the company’s Pyeongtaek production complex.

“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 President Kye Hyun Kyung, who also heads the Device Solutions (DS) Division. “We expect this new beginning will lay the foundation for sustainable growth of our semiconductor business.”

It is Samsung’s first semiconductor R&D facility of this scale and will fuel the company’s ambitions to create more competitive logic and memory chips.

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