Samsung Electronics to advance start of chip factory in Yongin to 2029
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Samsung Electronics announced it will advance the start of operations for its chip fabrication plant in Yongin to 2029, one to two years ahead of the original 2030-2031 schedule. This move aims to meet surging AI-driven memory chip demand and aligns with government efforts to double South Korea's production capacity by accelerating fab construction alongside rival SK Hynix.
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