Samsung Electronics to bring forward opening of 1st Yongin chip plant to 2029

Samsung Electronics Co. is moving to begin operations at the first semiconductor fabrication plant in its Yongin chip cluster in 2029, one to two years earlier than planned, industry sources said Sunday.

The accelerated timeline comes as the government speeds up development of the Yongin National Industrial Complex, a national strategic project set to serve as the company's next-generation semiconductor manufacturing hub.

Samsung is currently planning to begin operations in 2029 at the first of