Samsung Heavy wins construction order from Samsung Electronics

Samsung Heavy wins construction order from Samsung Electronics

SEOUL, July 2, 2025 — Samsung Heavy Industries Co., a leading global shipbuilding company, has been awarded a substantial construction order by Samsung Electronics Co. The order, valued at approximately 909.6 billion won (US$653.2 million), involves the completion of Phase 4 of the P4 plant at Samsung Electronics' Pyeongtaek Campus in Pyeongtaek, south of Seoul [1][2].

Samsung Heavy Industries will conduct finishing work for the Phase 4 plant, which is part of the broader Pyeongtaek Campus expansion project. The project aims to house six chipmaking plants on a 4 million-square-meter site by 2030, with the P1, P2, and P3 plants already operational [1][2].

The completion of Phase 4 is scheduled for July 2027, highlighting Samsung Electronics' commitment to expanding its semiconductor manufacturing capabilities. This latest order underscores the company's strategic focus on enhancing its semiconductor production capacity, a critical component in the global electronics industry [1][2].

The award of this construction order is a significant milestone for Samsung Heavy Industries, further cementing its role as a key player in the construction of advanced manufacturing facilities. The order also reflects Samsung Electronics' ongoing efforts to stay at the forefront of semiconductor technology, which is crucial for maintaining its competitive edge in the global market [1][2].

References:
[1] https://en.yna.co.kr/view/AEN20250718007500320?section=economy-finance/economy
[2] http://koreabizwire.com/samsung-ea-wins-909-6-bln-won-deal-for-samsung-electronics-chip-facility/326430