Samsung Electronics is preparing to officially resume construction next month on its Pyeongtaek P5 wafer fab in South Korea, a super fab project with a total investment exceeding 30 trillion KRW (approximately $22 billion). Targeted for mass production in 2028, the facility will focus on high-end memory and foundry services, key to the AI-driven semiconductor market.
The P5 fab project has experienced notable delays. Initially launched in 2023, its foundational work was paused in 2024 amid a downturn in the memory chip market. The restart has been driven by surging demand for high-bandwidth memory (HBM) and advanced DRAM from the booming AI server segment. Site preparation is now underway, with structural construction expected to begin within the next one to two months.
Designed as a three-story structure, the P5 facility will match the combined scale of the existing two-story P3 and P4 fabs at the Pyeongtaek complex, covering an area of 650 meters by 195 meters. The project budget has also increased, with Samsung Electronics and Samsung Asset Management revising their contract value from 391.5 billion KRW in 2023 to 550 billion KRW. Construction specialists such as Samsung C&T and Samsung Heavy Industries—which have previously worked on earlier phases of the Pyeongtaek campus—are set to undertake major contracts.
The P5 fab will serve as a versatile production hub, capable of manufacturing next-generation HBM4, advanced DRAM, NAND flash, and—depending on market needs—foundry process lines. To accelerate progress, Samsung plans to use a "fast-track" approach, conducting framework construction, equipment procurement, and installation concurrently, which could enable earlier-than-planned production. Upon completion, the Pyeongtaek campus—integrating phases one (P1-P4) and two (P5-P6)—is set to become Samsung’s largest global semiconductor manufacturing base.
ICgoodFind Perspective: Samsung's significant investment in advanced wafer capacity will support AI supply chain advancement. We remain committed to connecting industry players with premium resources to capitalize on emerging opportunities.
