# Samsung Electronics increases investment in Yongin semiconductor complex to KRW 360 trillion

Samsung Electronics increased its planned investment in the high-tech system semiconductor national industrial complex in Yongin, South Korea, from KRW 300 trillion to KRW 360 trillion, adding a sixth fab.

- Type: Investment
- Announced: 2024-01-16
- Where: Idong and Namsa-eup, Yongin, Gyeonggi Province, South Korea
- Value: $270.0B (360000.0B KRW)
- Jobs: 1,920,000
- Status: announced
- Products: system semiconductors, memory semiconductors
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

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

## Sources

- [mk.co.kr](https://www.mk.co.kr/en/society/10922634), 2024-01-16: "Samsung Electronics' investment in high-tech system semiconductor national industrial complexes to be built in Idong and Namsa-eup will increase from 300 trillion won to 360 trillion won."

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