Seoul, Sep 8 (IANS) Samsung Electronics has begun operation of a brand new superior, large chip manufacturing line in South Korea.

The new manufacturing line (P3) in Pyeongtaek, the most important chip manufacturing facility ever constructed up to now by Samsung, has began manufacturing of a state-of-the-art NAND flash in July.

“The Pyeongtaek campus is quick rising as Samsung’s key manufacturing hub for cutting-edge semiconductors starting from the world’s smallest 14-nanometer (nm) DRAM and modern V-NAND to sub-5nm logic options,” Kyung Kye-hyun, CEO and president of Samsung’s system options division, stated at a uncommon press occasion on the campus, some 70 kilometres south of Seoul.

The P3 line is provided with Dutch chip gear maker ASML’s excessive ultraviolet (EUV) lithography machines, essential to creating superior chips, studies Yonhap information company.

Samsung, the world’s largest reminiscence chip maker, stated it has begun basis work for one more manufacturing line, P4, at its Pyeongtaek’s mega 2.9 million-square-meter campus.

Home to 60,000 workers, the Pyeongtaek campus is almost the dimensions of the 1.45 million-square-meter Giheung campus and the 1.6 million-square-meter Hwaseong campus mixed, in response to Samsung.

In May, US President Joe Biden toured the Pyeongtaek campus, the place he emphasised the significance of semiconductors and shut collaboration within the subject between South Korea and the US.

Samsung has 5 semiconductor operations in South Korea — Giheung, Hwaseong, Pyeongtaek, Onyang and Cheonan — and 4 manufacturing websites within the United States and China — Austin, Suzhou, Tianjin and Xi’an. It is at the moment constructing a US$17 billion plant in Austin, Texas.

At the press briefing, Kyung struck a depressing be aware, saying the chip business has entered a down cycle and is dealing with numerous challenges, as the worldwide economic system has slowed and companies tightened their spending.

“I do not see good momentum within the second half and into the following yr … however we are going to attempt to flip this disaster into a superb alternative,” he stated.

In order to realize that, funding whatever the financial state of affairs is essential, he stated.

“Less funding in a down cycle might result in unhealthy ends in good occasions,” he stated, including “constant funding is the correct method to go.”

(Except for the headline, the remainder of this IANS article is un-edited)

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