Samsung expands Pyeongtaek chip hub to meet AI memory demand

Samsung is building out a massive semiconductor complex in Pyeongtaek, South Korea: three fabs already run around the clock, a fourth is coming online, and construction of a fifth resumed after a 2024 pause as AI demand for memory surged. The company aims to reclaim leadership in memory chips from SK Hynix and expects demand to keep rising through 2028.

• Three Pyeongtaek fabs run around the clock; a fourth is coming online
• Construction of a fifth fab was halted in 2024 and restarted amid the AI boom
• Samsung expects memory demand to keep surging through 2028
• Construction workers earn 140,000 won ($97) a day