# Samsung Electronics to build $5.6B foundry in Hwaseong

Samsung Electronics will break ground for a new foundry in Hwaseong, South Korea, with a $5.6 billion investment to mass-produce below-7 nanometer chips starting in the second half of 2019.

- Type: New facility
- Announced: 2018-02-20
- Where: Hwaseong, south of Seoul, South Korea
- Value: $5.60B
- Jobs: 53,000
- Starts operating: Q3 2019
- Status: announced
- Products: below-7 nanometer chips
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

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

## Sources

- [pulse.mk.co.kr](https://pulse.mk.co.kr/news/english/8199419), 2018-02-20: "Samsung Electronics Co. will break ground for a new foundry in Hwaseong, south of Seoul, on Friday with an aim to start mass-producing below-7 nanometer chips in the second half next year."
- [news.samsung.com](https://news.samsung.com/global/samsung-electronics-breaks-ground-on-new-euv-line-in-hwaseong), 2018-02-23: "With the addition of the new EUV line, Hwaseong will become the center of the company's semiconductor cluster spanning Giheung, Hwaseong and Pyeongtaek in Korea."

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