# Livsmed to invest 55 billion won in advanced medical device plant in Yongin, Korea

Livsmed signed an MOU with Yongin City to invest 55 billion won in building an advanced medical device manufacturing facility on a 44,073.8-square-meter site in Jigok-dong, Yongin, to expand production capacity for multi-joint surgical instruments and robot platforms.

- Type: New facility
- Announced: 2026-07-03
- Where: Yongin, Gyeonggi Province, South Korea
- Value: $42.0M (55.0B KRW)
- Status: announced
- Products: multi-joint surgical instruments, robot platforms
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Livsmed](https://endata.com/companies/92832.md)

## Sources

- [biz.chosun.com](https://biz.chosun.com/en/en-society/2026/07/03/MRFQSJ2NORG2LGRWOVBRR7UKBY/), 2026-07-03: "We have established an advanced manufacturing facility in Yongin, which is the center of Korea's high-tech industry and is emerging as a global mecca."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.