# Simmtech to invest 105.4 billion won in Cheongju facility expansion

Simmtech announced a 105.4 billion won investment to expand production, logistics and office facilities at its Cheongju 2 site in Cheongju, South Korea, to meet rising semiconductor demand. The investment runs from November 3, 2026 to August 31, 2028.

- Type: Investment
- Announced: 2026-11-03
- Where: Cheongju, Chungcheongbuk-do, South Korea
- Value: $78.0M (105.4B KRW)
- Starts operating: 31 Aug 2028
- Status: announced
- Products: semiconductor components
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

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

## Sources

- [leadeconomy.co.kr](https://www.leadeconomy.co.kr/news/articleView.html?idxno=10878), 2026-11-03: "심텍이 반도체 시장 수요 증가에 대응하기 위해 1054억원 규모의 신규 시설투자에 나선다."
- [thelec.net](https://www.thelec.net/news/articleView.html?idxno=15300), 2026-11-05: "Simmtech said in a regulatory filing on Nov. 3 that it would invest 105.4 billion won at its Cheongju 2 site."

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