Samsung Electronics Co.is pinning high hopes on its new research and development complex, which will cost the company a total of 20 trillion won ($14.4 billion), to regain ground in the chip market after losing ground to its smaller cross-town rival SK Hynix Inc.in a high-bandwidth memory war.“NRD-K will bolster our development speed, enabling the company to create a virtuous cycle to accelerate fundamental research on next-generation technology and mass production,” Jun Young-hyun, vice chairman and head of the Device Solutions Division at Samsung Electronics, said at a ceremony held on Monday to celebrate the beginning of equipment installation at Samsung’s new R&D complex, dubbed NRD-K.“We will lay the foundation for a new leap forward in Giheung, where Samsung Electronics’ 50-year history of semiconductors began, and create a new future for the next 100 years,” Jun added.
The state-of-the-art R&D complex is also expected to help expand the Korean semiconductor industry’s raw materials, parts and equipment R&D ecosystem considering Giheung is home to many related companies from around the world, including Korea.“At a time when the importance of win-win partnerships is greater than ever, Applied Materials is committed to accelerating innovation velocity through deep collaboration with Samsung Electronics, working together to drive a new wave of growth for the semiconductor industry,” said Park Gwang-sun, head of Applied Materials Korea.
The R&D complex, which will be built on a land of 109,000 square meters in Samsung Electronics' Giheung campus, will house chip development and production R&D facilities – systems foundry – under one roof to accelerate next-generation chip development.
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