Samsung to build new $6bn semiconductor production line
Leading South Korean technology company Samsung has announced that it will begin to construct a new extreme ultraviolet (EUV) production line Hwaseong in the aim of maintaining its status within the semiconductor industry.
The EUV technology will be utilised to overcome nano-level technology limitations in the aim of creating 7nm chipsets that will be used to support 5G networks throughout the deployment of the networks.
Amazon’s Jeff Bezos to back construction of 10,000 year clock
“With the addition of the new EUV line, Hwaseong will become the center of the company’s semiconductor cluster spanning Giheung, Hwaseong and Pyeongtaek in Korea,” said Kinam Kim, President & CEO of Device Solutions at Samsung Electronics.
“The line will play a pivotal role as Samsung seeks to maintain a competitive edge as an industry leader in the coming age of the Fourth Industrial Revolution.”
Construction of the facility is expected to complete in H2 2019, costing $6bn, with production to be ramped up to full capacity in 2020. The company has stated that additional investments into the facility will depend upon market circumstances at this time.
- 60% of execs think Apple headset will be a VR iPhone momentDigital Transformation
- Snowflake opens new UK office amid strong momentum in EMEAData & Data Analytics
- Top 10 Consulting Firms Powering the World of TechnologyDigital Transformation
- Home-working: how technology can improve staff wellbeingDigital Transformation