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Samsung Electronics to move up start of chip factory in Yongin to 2029, source says

Samsung Electronics to move up start of chip factory in Yongin to 2029, source says
Channel News Asia Monday 13 July 2026, 00:32 UTC 1 min read
Key Points

Samsung Electronics to move up start of chip factory in Yongin to 2029, source says SEOUL, July 13 : Samsung Electronics aims to bring forward operation of its chip fabrication site in the city of Yongin, south of Seoul, to 2029 from 2030-2031, as the chipmaker seeks to keep up with surging demand for memory chips used in AI infrastructure, a source told Reuters on Monday. Samsung did not immediately respond to Reuters' request for comments. Yonhap News Agency first reported about the change...

Samsung Electronics to move up start of chip factory in Yongin to 2029, source says SEOUL, July 13 : Samsung Electronics aims to bring forward operation of its chip fabrication site in the city of Yongin, south of Seoul, to 2029 from 2030-2031, as the chipmaker seeks to keep up with surging demand for memory chips used in AI infrastructure, a source told Reuters on Monday. Samsung did not immediately respond to Reuters' request for comments. Yonhap News Agency first reported about the change of the plan on Sunday.
Samsung Electronics (ORG) Yongin (LOCATION) SEOUL (LOCATION) Samsung (ORG) Yonhap News Agency (ORG)
Originally published by Channel News Asia Read original →

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