Alert, Galaxy A54 and Galaxy S23 series deals available! | Follow SamMobile on Google News now!

SamMobile has affiliate and sponsored partnerships. If you buy something through one of these links, we may earn a commission. Learn more.

Samsung aims to expand chip production at its largest chip manufacturing facility

Business
By 

Last updated: December 26th, 2022 at 07:39 UTC+01:00

According to a South Korean newspaper (via MoneyControl), one of the biggest chip producers in the world, Samsung Electronics, aims to expand its semiconductor production at its P3 factory in Pyeongtaek, South Korea. Apparently, the P3 factory in Pyeongtaek is the company’s largest chip manufacturing facility.

This move is in contrast with the scaling back of investment by rival chipmakers, economic slowdowns in many regions across the globe, and falling demand. Industry experts believe that Samsung is eyeing to go ahead with the move to expand its chip production to grab a better market share among its rivals and also support its share price once the market recovers.

The expansion plans involve the addition of a 12-inch wafer capacity for DRAM chips. Moreover, Samsung also plans to expand the plant with an additional 4nm chip capacity, which will be built under the foundry contracts, i.e., according to Samsung’s clients’ designs. Furthermore, the company is also planning to add at least “10 extreme UV machines” in 2023. Samsung hasn’t confirmed this information.

Samsung Electonics’ competitor, Micron Technology Inc., announced last week that it will adjust down its investments in 2023, from $12 billion in 2022 to $7 billion to $7.5 billion next year. Because of the various macroeconomic factors, the Taiwanese chip giant, TSMC, reduced its annual investments by at least 10% in October 2022.

Business 4nmDRAMSamsung ElectronicsSamsung FoundrySouth KoreaTaiwanTSMC
Load 0 comments

You might also like

Samsung Pay collaborates with Hana Financial Group to make students life easier in Korea

Samsung Pay collaborates with Hana Financial Group to make students life easier in Korea

According to an official blog, Samsung has announced that Samsung Pay has signed a business agreement with Hana Financial Group. This agreement will bolster the digital payment experience for students across South Korea. The agreement between Samsung Pay and Hana Financial Group was signed at the headquarters of the latter in Jung-gu, Seoul, on 27 March […]

  • By Sagar Naresh
  • 10 hours ago
If Oppo and OnePlus leave Europe, which phone brand should you pick?

If Oppo and OnePlus leave Europe, which phone brand should you pick?

Oppo and its subsidiary OnePlus have reportedly decided to wrap up their smartphone business in Europe and leave the old continent behind. Sad news for Oppo and OnePlus fans, as few as they are, but the good news is that there’s always a better alternative or two. So, you’re a lost Oppo or OnePlus smartphone […]

  • By Mihai Matei
  • 23 hours ago
Five or more reasons why Samsung is the best Android phone brand

Five or more reasons why Samsung is the best Android phone brand

Samsung is the best Android smartphone manufacturer around, bar none. Even though no OEM is perfect, no matter the company’s past mistakes, Samsung remains the best choice, and it’s easy to see why. But if you’re in doubt, here’s why Samsung is the market leader. Samsung cares about customer support and build quality Samsung offers […]

  • By Mihai Matei
  • 4 days ago
Samsung’s biggest enemy might be Android rather than iOS

Samsung’s biggest enemy might be Android rather than iOS

Samsung has the low-cost smartphone market locked down. It’s the only Android OEM to reach the top 10 list of best-selling smartphones, all thanks to low-cost Galaxy A devices. In terms of high-end phones, Samsung leads the Android smartphone segment, yet Apple still has better traction than all other OEMs, especially in western markets, where […]

  • By Mihai Matei
  • 5 days ago
Samsung Gallery photo remaster AI is creeping out parents

Samsung Gallery photo remaster AI is creeping out parents

Samsung’s camera software came under scrutiny recently after the Galaxy S23 Ultra fueled a heated debate concerning zoomed-in photos of the moon and whether or not they’re fake. Engineers believe that Samsung’s moon photos are real, but even then, the meaning of the term “real” can be debated. Now Samsung’s mobile photography is back in […]

  • By Mihai Matei
  • 5 days ago
Samsung has a new Fortnite map and upcoming Twitch live stream

Samsung has a new Fortnite map and upcoming Twitch live stream

Samsung has announced the launch of a new permanent Fortnite map. It’s inspired by the Samsung Odyssey monitor lineup and divided into five spaces, each representing one Odyssey model. Odyssey Universe is the name of the map. The five spaces, or levels, are Level Ark, G9, G8, G7, and G6, inspired by Odyssey monitors bearing […]

  • By Mihai Matei
  • 6 days ago