Samsung will invest $310 billion over the next five years, with a new semiconductor facility at the centre of its strategy
South Korean conglomerate Samsung unveiled a sweeping plan to invest $310 billion over the next five years, with the bulk of the spending directed towards technologies that support the rapidly expanding global artificial intelligence sector.
The investment package includes the construction of a new semiconductor manufacturing line, Pyeongtaek Plant 5, which the company says is designed “to meet the needs of memory-chip demands” as AI-driven requirements soar worldwide.
In a statement, Samsung said the plant will play an increasingly significant role in strengthening both the global semiconductor supply chain and South Korea’s domestic chip ecosystem.
Once fully operational, “the Pyeongtaek plant is expected to play an even greater strategic role in both the global semiconductor supply chain and South Korea’s domestic chip ecosystem,” the company noted.
The new production line is scheduled to begin operations in 2028, forming a key element of Samsung’s long-term strategy to consolidate its leadership in memory chips and support the infrastructure behind next-generation AI technologies.
