SEOUL, June 9 (Reuters) - Samsung Electronics ( SSNLF ) is
considering the construction of an advanced semiconductor
packaging facility in the southwestern South Korean city of
Gwangju, the Korea Economic Daily said on Tuesday.
Here are some details:
* Samsung is expected to unveil the investment plan at a
meeting between South Korean President Lee Jae Myung and the
heads of the country's largest conglomerates on June 29, the
newspaper reported, citing unnamed industry sources.
* The meeting, to be held at the presidential office under
the theme of a "major shift in growth strategy," is expected to
include Samsung Electronics ( SSNLF ) Chairman Jay Y. Lee and SK Group
Chairman Chey Tae-won.
* Separately, SK Hynix is also considering
building a new chip packaging production facility in the
southwestern region, particularly in South Jeolla Province,
daily newspaper Dong-a reported on Wednesday.
* Samsung Electronics ( SSNLF ) and SK Hynix declined to comment. The
presidential office said corporate investment decisions are
matters for companies to determine.
* The move would mark one of Samsung's latest efforts to
strengthen its advanced chip packaging capabilities, a critical
part of the AI chip supply chain as demand surges for
high-bandwidth memory chips used in AI servers.
* The Korea Economic Daily said that Samsung's investment
would be seen as a sign that the company is seeking to
accelerate spending ahead of what many expect to be an upswing
in the chip sector driven by AI demand.
* Advanced packaging has become increasingly important as
chipmakers seek to improve performance by integrating multiple
chips into a single package. Demand has been particularly strong
for HBM, which stacks multiple DRAM chips vertically and is used
alongside AI processors from companies such as Nvidia ( NVDA ).
* Samsung's customers include major AI players such as
Nvidia ( NVDA ), AMD and Google, which are
driving demand for advanced memory chips used in AI servers and
processors.
* Samsung has been expanding its presence in the HBM market
as it seeks to challenge market leader SK Hynix. In
May, the company said it had begun shipping samples of its
latest HBM chip, the 12-layer HBM4E, to customers.
(Reporting by Heekyong Yang; Editing by David Holmes and Mrigank
Dhaniwala)