Samsung builds new R&D headquarters for approximately 15 billion euros – IT Pro – News

Samsung is investing 20 trillion Korean won, or nearly € 14.9 billion, in a new study internet site for semiconductor research and advancement. The expenditure will consider place over a interval of about 6 yrs.

The new investigate and advancement site is element of the Giheung campus, found in the South Korean province of Gyeonggi, which also contains the cash Seoul. The spot will be made use of from 2025 and will have an location of ​​over 100,000 sq. meters.

“Our new R&D complex must come to be an innovation hub the place talent from all around the globe come with each other to increase,” claimed Main Government Kye Hyun Kyung. in a press launch. The posture ought to aid Samsung mature in the semiconductor business.

The Giheung campus has been one of the crucial areas for Samsung for just about forty yrs. For case in point, in 1992 the first 64 Mb dram was produced in the identical position. “If we hadn’t designed daring investments in investigation and improvement, Samsung would not have been component of the semiconductor field these days.”

In addition to Kye, a number of other senior Samsung executives attended the ceremony at the area. Noteworthy was the existence of the Previous Samsung president Lee Jae-yong convicted of corruption. Lee was pardoned earlier this thirty day period just after staying convicted of bribing previous South Korean president Park Geun-hye. Meanwhile, he is deputypresident at Samsung Elettronica.

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