Market Chatter: Samsung Said to Launch First Yongin Chip Plant Ahead of Schedule

MT Newswires Live07-13 08:03

Samsung Electronics (KRX:005930) plans to start operations at its first semiconductor fabrication plant in the Yongin chip cluster by 2029, Yonhap News Agency reported Sunday, citing industry sources.

The plan advances the original timeline at the Yongin National Industrial Complex by one to two years, the report said. The facility is the first of six semiconductor plants planned for the site.

Samsung did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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