# 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.

- Type: Expansion
- Announced: 2026-08-19
- Where: Asan, South Chungcheong Province, South Korea, South Korea
- Value: $4.40B
- Status: announced
- Products: high-performance AI chips, high-bandwidth memory (HBM)
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Samsung Electronics](https://endata.com/companies/647.md)

## Sources

- [en.sedaily.com](https://en.sedaily.com/society/2026/08/19/samsung-chip-plant-in-chungnam-to-break-ground-in-september), 2026-08-19: "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)."

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