37 Trillion Won in Domestic Investment in Semiconductors and Displays Contributes to Job Creation and IT Industry Growth
Expansion of Pyeongtaek Line 1 Begins, Total Investment of 30 Trillion Won Expected by 2021

Samsung Electronics is pursuing an investment of over 37 trillion won, including the full-scale operation of its Pyeongtaek semiconductor line and the expansion of its semiconductor and display production lines.

Samsung Electronics held a product shipment ceremony at its Pyeongtaek semiconductor complex on the 4th and began mass production of state-of-the-art 3D V-NAND. The shipment ceremony on this day was attended by key executives and about 100 employees, including CEO and Vice Chairman Kwon Oh-hyun, Semiconductor General Manager Kim Ki-nam, and heads of each business unit in the DS division.

In his congratulatory remarks, Samsung Electronics Executive Vice Chairman and CEO Kwon Oh-hyun stated, "The Pyeongtaek Semiconductor Complex is a new challenge for the future of Samsung Electronics' semiconductor business," adding, "I express my gratitude to the employees and partner companies who successfully prepared for this first challenge."

Samsung Electronics’ Pyeongtaek semiconductor line is the world’s largest single line; construction began in May 2015 and was completed in two years, with an average of about 12,000 workers deployed to the construction site daily.

The products manufactured at the Pyeongtaek semiconductor line are state-of-the-art 4th generation 64-layer V-NAND products, and starting with this operation, Samsung Electronics plans to continuously expand its production facilities for memory
The plan is to strengthen market competitiveness.

Samsung Electronics plans to expand its production capacity by actively investing in domestic and international production bases and actively respond to the growing demand for semiconductors from global IT customers. With plans to expand the Pyeongtaek Line 1, which recently began operations, the total investment scale, including existing investments, is expected to reach 30 trillion won by 2021.

Samsung Display Considers Construction of New OLED Complex Infrastructure in Asan, South Chungcheong Province

Samsung Electronics plans to invest 6 trillion won not only in Pyeongtaek but also in its Hwaseong plant to secure new lines optimized for advanced infrastructure such as EUV, as part of its strategy to prepare for the future semiconductor market. In addition, Samsung Electronics is considering building an additional semiconductor line in Xi'an, China. The Xi'an semiconductor line, completed in 2014, is currently operating at 100% capacity, and the strategy is to respond to the Chinese market, the largest consumer of NAND flash, by constructing additional lines to secure 'economies of scale'.

Meanwhile, Samsung Display is considering constructing infrastructure for a new OLED complex in the Asan region of South Chungcheong Province. Samsung Display had decided to begin construction of Asan Complex 2 by 2018.
We are planning investments in land and infrastructure facilities to comply with the complex construction agreement with Chungcheongnam-do and to respond flexibly to rapidly changing market conditions.

Through this large-scale investment by Samsung Electronics and Samsung Display, the establishment of an advanced components cluster spanning Giheung, Hwaseong, and Pyeongtaek in Gyeonggi Province and Asan in Chungcheong Province is expected to foster co-growth with the domestic equipment and materials industries, as well as revitalize the downstream industrial ecosystem, thereby expanding the demand for high-skilled technical personnel in R&D and services.