Samsung Electronics is set to inject Won450tn ($310bn) into South Korea over the coming five years, covering both semiconductor manufacturing and related infrastructure.

This investment prioritises the construction of the fifth semiconductor plant, Line 5, at Samsung’s Pyeongtaek Campus. The plant aims to achieve full operational readiness by 2028.

The decision, confirmed at a recent emergency management committee meeting, underscores Samsung’s strategy to fulfil its pledge of creating 60,000 jobs within this timeframe, reported The Chosun Daily.

The company’s emergency management committee recently approved the structural framework for Line 5 in the second complex at Pyeongtaek.

Samsung had postponed the project last year due to weak semiconductor market performance and reduced memory orders.

The timeline was revised following an increase in demand for memory semiconductors, attributed to growth in AI applications.

The company will also invest in supporting infrastructure to ensure stable production at the new facility.

Affiliated companies are deploying capital outside the capital region.

Samsung SDS is advancing a multi-site infrastructure strategy, including the National Computing Centre in South Jeolla Province and an AI data centre in Gumi.

Samsung SDI is examining its Ulsan site for domestic production of next-generation batteries, including all-solid-state batteries.

Samsung Display plans to start mass production of organic light-emitting diode (OLED) panels for IT devices next year at its Asan Campus facility in South Chungcheong Province.

Recently, Samsung Electronics unveiled plans to establish an AI megafactory in collaboration with Nvidia, with the goal of integrating AI throughout its manufacturing operations.

The facility will leverage over 50,000 Nvidia graphics processing units (GPUs) to infuse AI capabilities into every stage of semiconductor production, including design, process management, equipment operation, and quality assurance.