Samsung Electronics,1to bring forward the startup of the Yongin semiconductor 2029fab by years

Samsung Electronics has decided to bring forward the startup date of the first fab in the Yongin semiconductor cluster to 2029This decision could have a direct impact on the memory chip supply schedule.

A total of 6semiconductor plants are planned for the Yongin national industrial complex. Samsung Electronics is pushing ahead with the project, setting the startup target for the first fab among them to 2029.

The original target for the first fab was planned for 2030instead of 2031.

This schedule change advances the start of operations by 1~2 years.

This schedule adjustment was also reportedly discussed at the mega-project public-private joint review meeting chaired by the president on the 6th.

Also, at the mega-project briefing held at the Blue House on the 29th of last month, 3-scale mega-project briefing, the government announced that it would move up the completion date of the Yongin cluster’s final fab. Following the government’s announcement, measures to adjust the completion timelines of Samsung Electronics and SK hynix were proposed.

By industry estimates, in order for the first fab to begin operations in 2029the land development work should start no later than the second half of this year. Forecasts say fab groundbreaking must take place in 2027.

As the global memory industry’s expansion race overlaps with the government’s push for early site development, Samsung Electronics appears to be picking up speed.