Samsung to build new foundry production line in S. Korea's Pyeongtaek
Updated: 2020-05-21 13:19:05 KST
Samsung Electronics is building another memory chip production line in South Korea as part of an ambitious plan to lead the global market.
This foundry will use extreme ultraviolet or EUV technology to make chips using process nodes of 5 nanometers and below for cutting-edge technologies like AI and 5G.
It'll be set up at the Samsung plant in the city of Pyeongtaek, just south of Seoul, and start operating in 2021.
Samsung plans to inject a total of some 108-billion U.S. dollars into the project.
The chipmaker already has a EUV production line in the city of Hwaseong.