Samsung will boost non-memory chip investment to $151 billion by 2030

On May 13, 2021, Samsung announced it will increase its investments in the System LSI and Foundry businesses through 2030 to a total of KRW 171 trillion ($151 billion) to accelerate research of cutting-edge semiconductor process technology and construction of a new production facility.

This plan is an increase of 38 trillion won from the previously promised 133 trillion won announced in April 2019 and is expected to help the company achieve its goal of becoming a world leader in logic chips by 2030.

In the past two years, Samsung has worked closely with a number of semiconductor design companies, component, and equipment manufacturers, and academics to work towards this goal. This expansion of Samsung’s foundry business will promote the development of new industries based on next-generation technologies such as AI, 5G, and autonomous driving.

Apart from this, the company also announced that it has begun construction of a new production line in Pyeongtaek, South Korea, which is expected to be completed in the second half of next year.

The state-of-the-art facility equipped with the latest technology, P3, will produce 14-nanometer DRAM and 5-nanometer logic semiconductors, both based on extreme ultraviolet (EUV) lithography technology. As one of the largest semiconductor groups in the world, Pyeongtaek will become a leading center for next-generation innovation.

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