Samsung Electronics Giheung Campus Secures 42,000㎡ Research Fab Site
Government Allocates Industrial Zone to Yongin City
Establishment of Semiconductor Research Fab and Ancillary Facilities
Samsung Electronics has secured a site of 42,000㎡ for the construction of a research fab at its Giheung Campus.
On the 7th, Yongin City, Gyeonggi Province, announced that it had allocated 42,584㎡ of industrial area land for the expansion of Samsung Electronics' Giheung Campus in Nongsseo-dong, Giheung-gu, through consultations with related agencies such as the Ministry of Trade, Industry and Energy and the Ministry of Land, Infrastructure and Transport.
The industrial area allocation is assigned by the Ministry of Trade, Industry and Energy to regions recognized as necessary for the development of national industrial policy, and the Ministry of Land, Infrastructure and Transport makes the final decision on the allocation of industrial area land after reviewing the business plans submitted by local governments.
According to the city, Samsung Electronics plans to use the newly secured industrial area land as a site for an advanced research fab and research support facilities to conduct core semiconductor research and attract outstanding research personnel.
Lee Sang-il, Mayor of Yongin, said, “With the additional allocation of industrial area land around Samsung Electronics' Giheung Campus, Samsung Electronics' research capabilities for next-generation semiconductors will be greatly strengthened.”
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The mayor added, “With the additional allocation of industrial area land, Samsung Electronics' Giheung Campus will become a core research base for next-generation semiconductors such as advanced system semiconductors. The city will actively support this area to become the center of future semiconductor research.”
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