Samsung Breaks Ground on $14 Billion Fab

World's most expensive semi fab

R. Colin Johnson
5/8/2015 03:18 PM EDT

PORTLAND, Ore. — The world's most expensive semiconductor fabrication plant--at over $14 billion--was announced at the ground breaking ceremony Thursday (May 7) by Samsung. Located in the Godeok Industrial Complex at Pyeongtaek City Gyeonggi-do Province--called "Samsung Semiconductor Valley"--in South Korea, Samsung will be building 10-nanometer FinFET semiconductors there.

"The new fabrication plant in Pyeongtaek constitutes an important part of our vision to establish a globally balanced semiconductor fabrication network that further solidifies our strong global presence," Jim Elliott, corporate vice president, Samsung Semiconductor told EE Times. "The plant will play a key role in our future business initiatives, as we continue to invest in areas that contribute much towards our industry leadership."

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