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New South Korean chip plant to begin production in first half of 2017, Samsung says

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New South Korean chip plant to begin production in first half of 2017, Samsung says

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Samsung Electronics found out that its new South Korean-primarily based chip plant will begin production in the first half of 2017. As telephone profits begin to sluggish, the corporate hopes that the brand new plant will supply extra expansion.

Based out of the town of Pyeongtaek, Samsung plans on making an investment 15.6 trillion gained or $14.4 billion in the manufacturing unit, that is the most important quantity of cash Samsung has ever dedicated to a unmarried facility.

“The Pyeongtaek semiconductor plant will play a primary position in solidifying management in the cellular and server markets, that have proven speedy expansion in call for just lately, and securing percentage in the following-era web of issues marketplace,” Samsung stated in a observation.

It’s glaring that the Korean tech large has large plans and top hopes for this actual plant, as the corporate plans on making an investment but any other 10 trillion gained to spice up the plant’s capability. That gained’t be a direct funding, and there used to be no phrase on while that may be to occur, however we’ll most likely listen approximately it nearer to while the plant starts production in 2017.

It’s now not transparent as to what Samsung’s new plant will probably be generating, however there are rumors pronouncing that it plans to produce DRAM reminiscence chips. Another department of the plant may well be allotted to generating cellular processors, which certainly isn’t too far-fetched of an idea, particularly with Samsung’s move away from ARM chips. In the top, the tech large will most probably adapt the plant to marketplace calls for on the time of production.

source: Reuters


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