Samsung Electronics to build $4.4B chip plant in Asan, South Chungcheong

Samsung Electronics received approval from South Chungcheong Province to expand its Onyang campus in Asan with a new semiconductor fabrication plant. The investment is 6 trillion won ($4.4 billion) and construction will begin in September 2026, more than a month ahead of schedule.

“The expansion will invest 6 trillion won ($4.4 billion) to build a new plant on a 389,825-square-meter site within the Onyang campus, aimed at boosting production of high-performance AI chips such as high-bandwidth memory (HBM).”en.sedaily.com

• 1 source
• en.sedaily.comSamsung Chip Plant in Chungnam to Break Ground in September - Seoul Economic DailyPark Hee-yoonAug 19, 2026

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