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On May 13, South Korea’s Samsung Electronics announced that it will increase its investment in System LSI and Foundry business by 2030, and the total investment will be expanded to 171 trillion won (approximately US$151.4 billion) to accelerate the research and development of cutting-edge semiconductor process technology. Construction of new production facilities.

Samsung Electronics stated that the plan is an increase of 38 trillion won (approximately US$33.64 billion) from the previously announced investment of 133 trillion won in April 2019, and is expected to help the company become a global leader in logic chips by 2030. Goal. In the past two years, Samsung Electronics has been working closely with a number of semiconductor design companies, component and equipment manufacturers, and academia to make progress towards this goal.

In addition, Samsung Electronics also announced that the company has begun construction of a new production line in Pyeongtaek, South Korea, which is expected to be completed in the second half of 2022. The P3 production line of Pyeongtaek will use EUV equipment to mass produce 14nm DRAM and 5nm logic chip products. Samsung Electronics said that as one of the world's largest semiconductor industry clusters, Pyeongtaek will become a leading hub for next-generation innovation.

Dr. Kinam Kim, vice chairman and head of the equipment solutions department of Samsung Electronics, said that the entire semiconductor industry is facing a watershed, and it is time to formulate long-term strategies and investment plans. In the memory business, Samsung Electronics has maintained its undisputed leadership position, and the company will continue to make preemptive investments to lead the industry.