Samsung Heavy Industries Wins 190 Billion KRW Construction Contract for Samsung Electronics Pyeongtaek Semiconductor Plant

by Moon Chaeseok

Published 19 Apr.2022 10:06(KST)

Contract for Final Construction of Semiconductor Wafer Processing Line 'P3L' Ph2 FAB Building

Jin Jeong-taek, President and CEO of Samsung Heavy Industries. (Photo by Samsung Heavy Industries)

[Asia Economy Reporter Moon Chaeseok] Samsung Heavy Industries announced on the 19th that it has won a contract worth 190.1 billion KRW for part of the construction work of Samsung Electronics' Pyeongtaek semiconductor plant.

Specifically, the contract was awarded for the finishing work of the Ph2 FAB building of Samsung Electronics' semiconductor wafer processing line 'P3L.' Samsung Heavy Industries explained, "We signed the contract for the first time on January 14 and are currently carrying out the construction," adding, "The contract amount exceeded the disclosure threshold due to a recent change contract, which is why it was disclosed."

The Pyeongtaek semiconductor plant is a massive project where Samsung Electronics is building six semiconductor production lines (P1L~P6L) and auxiliary buildings step-by-step by 2030 on a site of 3.93 million square meters (approximately 1.19 million pyeong).

Samsung Heavy Industries stated that since 2020, it has successfully carried out construction of next-generation semiconductor circuit pattern process extreme ultraviolet (EUV) factories and pilot (trial production) factories for P2L and P3L. This was achieved by leveraging its expertise in automatic welding and modular construction methods (large-scale) accumulated through shipbuilding and offshore plant construction. A Samsung Heavy Industries official said, "We plan to continue securing semiconductor construction contracts to establish a foundation for business diversification beyond the shipbuilding and offshore sectors."