Feb. 21, 2018 – Samsung's semiconductor division is a veritable cash cow for the company which is why it has been pouring money into its manufacturing facilities to meet rising demand and further consolidate its position in the market. The company decided to invest in a new memory chip production line recently at its Pyeongtaek plant to better prepare for future demand.
Taiwan-based TSMC got a leg up on Samsung by focusing on the 7nm process earlier and Samsung now wants to catch up by building a new foundry plant equipped with advanced process technologies in Hwaseong, Gyeonggi Province, South Korea.