# Semes to build $5.4B R&D center in Yongin, South Korea

Semes signed an MOU with Yongin City and Gyeonggi Province to invest 600 billion KRW (approx. $540M) to build an R&D center for semiconductor equipment in Goma-dong, Yongin, by 2024. The center will create 5,000 jobs.

- Type: New facility
- Announced: 2021-08-24
- Where: Goma-dong, Yongin, Gyeonggi Province, South Korea
- Value: $540.0M (600.0B KRW)
- Jobs: 5,000
- Starts operating: 2024
- Status: announced
- Products: semiconductor equipment R&D
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Semes](https://endata.com/companies/49605.md)

## Sources

- [mt.co.kr](https://www.mt.co.kr/policy/2021/08/24/2021082415532122131), 2021-08-24: "세메스(주)는 오는 2024년까지 6000억원을 투입해 용인시 기흥구 고매동 764번지 10만㎡에 반도체 핵심 장비 연구개발 및 기술 육성을 위한 R&D센터를 조성한다."

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