Samsung Invests KRW20T in Advanced Semiconductor R&D Hub in South Korea

Seoul, South Korea—Samsung Electronics (005930. KS) announced a KRW 20 trillion (US$14.22 billion) investment through 2030 in a new semiconductor research complex in Giheung, South Korea, with operations scheduled to begin mid-2025. 

The 109,000-square-meter facility, NRD-K, will house research and development operations for memory, system LSI, and foundry semiconductors under one roof. 

The complex will feature high NA extreme ultra-violet lithography equipment and new material deposition tools for developing next-generation memory semiconductors, including 3D DRAM and V-NAND, which exceed 1,000 layers. 

Samsung's R&D spending reached KRW 8.87 trillion (US$6.31 billion) in the third quarter of 2024, marking a company record. 

"NRD-K will bolster our development speed," said Young Hyun Jun, Vice Chairman and Head of the Device Solutions Division at Samsung Electronics. 

The Giheung campus, located south of Seoul, achieved industry recognition in 1992 for producing the world's first 64-megabit DRAM.