Samsung Electronics sharply increased facility investment in the second quarter of this year to respond to growing demand for artificial intelligence (AI) chips. Memory expanded investment around the new Pyeongtaek fab, while foundry ramped up investment to bring the Taylor, Texas, plant online.
Samsung Electronics said on the 30th during a conference call following its second-quarter earnings that second-quarter capital expenditure (CAPEX) came to 16.8 trillion won, up 5.5 trillion won from the previous quarter.
Of that, the DS division accounted for most of the spending at 15.4 trillion won.
The memory business expanded infrastructure investment around the new Pyeongtaek fab, expecting demand for AI Server Memory for AI servers to continue rising. The company also said it is continuing upfront investment to maintain technology leadership.
In the foundry business, investment increased from the previous quarter as spending to ensure the timely start-up of the Taylor, Texas, plant in the United States moved into full swing.
The display division also slightly increased investment from the previous quarter as it continued supplementary spending to build an 8.6-generation OLED production line.
Samsung Electronics plans to continue investing in securing core production capacity and next-generation processes to meet rising demand for AI memory and advanced semiconductors.