Business Success Action Group

SEOUL - Samsung Electronics announced Thursday that it will maximize its foundry manufacturing capacity to meet growing demand for chips as global automakers and other manufacturers struggle to secure enough semiconductors for their products. The world's second largest foundry company announced that its second production line in Pyeongtaek, south of Seoul, will begin mass production in the second half of this year to meet the growing demand for chips developed and in which fabless customers have been Companies outsource production. Samsung started building its foundry production line in the city in May last year. It is planned to manufacture advanced 7-nanometer and 5-nanometer chips based on extreme ultraviolet technology. This will help increase Samsung's capacity. The Austin, Texas factory was restarted in late March after a power outage. "We will maximize our foundry capacity by operating our Pyeongtaek line in the second half of the year and actively responding t