# GlobalWafers to invest KRW 35B in Cheonan silicon wafer plant expansion

GlobalWafers will invest approximately 35 billion won to expand its subsidiary MEMC Korea's facility in Cheonan, South Korea, adding a 300mm silicon wafer production line by 2024.

- Type: Expansion
- Announced: 2019-07-04
- Where: Cheonan, South Chungcheong Province, South Korea
- Value: $30.0M (35.0B KRW)
- Starts operating: 2024
- Status: announced
- Products: 300mm silicon wafers
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [GlobalWafers](https://endata.com/companies/5203.md)
- [MEMC Korea](https://endata.com/companies/5202.md) (partner)

## Sources

- [etnews.com](https://www.etnews.com/20190704000226), 2019-07-04: "글로벌웨이퍼스는 350억여원을 투자해 천안시 성거읍에 위치한 자회사 엠이엠씨코리아 1580㎡ 부지에 반도체용 300㎜ 실리콘 웨이퍼 생산 공장을 오는 2024년까지 건립할 예정이다."

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