IT - Technology

Samsung Electronics to move up start of chip factory in Yongin to 2029, source says

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Samsung Electronics aims to ​bring forward operation ‌of its chip fabrication site in ​the city ​of Yongin, south of ⁠Seoul, to 2029 ​from 2030-2031, as ​the chipmaker seeks to keep up with ​surging demand for ​memory chips used in ‌AI ⁠infrastructure, a source told Reuters on Monday.

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