# Simmtech signs 400 billion won investment agreement for PCB expansion in Cheongju

Simmtech signed a new investment agreement worth 400 billion won with Chungcheongbuk-do Province and Cheongju City to expand semiconductor PCB production facilities by 2028, including a new 16,529㎡ site in Oksan-myeon and use of idle space at its existing plant.

- Type: Investment
- Announced: 2026-09-02
- Where: Oksan-myeon, Cheongju, South Korea, South Korea
- Value: $320.0M (400.0B KRW)
- Starts operating: 2028
- Status: announced
- Products: semiconductor printed circuit boards (PCBs)
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Simmtech](https://endata.com/companies/15357.md)

## Sources

- [en.nocutnews.co.kr](https://en.nocutnews.co.kr/news/6572397), 2026-09-02: "Chungcheongbuk-do Province and the city of Cheongju on the 2nd signed a new investment agreement worth a total of 400 billion won with Simmtech."

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