Market2026-10-20

Samsung is building a new semiconductor hub in Pyeongtaek, South Korea. Three fabs already run around the clock. A fourth fab is coming online. Construction of a fifth fab restarted after AI demand surged. The complex covers an area the size of New York’s Central Park. Samsung aims to reclaim its lead in high-bandwidth memory chips for AI. Demand for memory chips is expected to keep rising through 2028. Workers earn 140,000 won per day at the site.

What changed

Construction of the fifth fab was halted in 2024 due to low memory chip demand.

What it unlocks

Samsung can now scale memory chip production to meet surging AI-driven demand.

  • 4 fabs operating
  • 5th fab construction restarted
  • 140,000 won daily wage
  • Central Park-sized campus

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