To excel in research and innovation of advanced chips, Samsung on Friday announced a fresh $15 billion worth investment into a new chip research complex in South Korea.
The new establishment will be set up at its Giheung campus in Seoul, the same location where Samsung made the world’s first 64MB DRAM in 1992. Hoping to overcome the semiconductor scaling issues and better its niche in this industry, Samsung said it’ll complete this new facility by 2028.
Samsung’s New Chip Research Complex
In June this year, Samsung announced a new feat by manufacturing the world’s first 3 nm-based chips for its clients – even before TSMC. The South Korean giant is already a leading manufacturer of advanced memory chips and is able to catch up with TSMC in the mass production category.
And now, taking a step ahead, Samsung announced plans for establishing a new chip research complex at its Giheung campus in South Korea. The company will make an investment of 20 trillion won (around $15 billion) by 2028 for this.
The new facility wil help Samsung lead in the advanced research on innovative new technologies of wafer fabrication processes for memory and system semiconductors. The company is aiming to break the semiconductor scaling barriers as a result and have its competitive edge better in semiconductor technology.
The announcement event was attended by Samsung’s VC Jay Y Lee, who said;
“If we hadn’t made bold R&D investments for next-generation products and in products that came after that, there would be no semiconductor business for Samsung today. We need to continue our tradition of investing preemptively and emphasizing technology.”
The proposed research complex will cover over 109,000 square meters in the Giheung campus – which is one of the three major semiconductor production facilities Samsung has in Seoul. The other two are Hwaseong and Pyeongtaek, which too are involved in manufacturing the latest chips for Samsung.