May 7, 2021

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Samsung to quench semiconductor thirst with new Pyeongtaek production line • The Registration

Samsung has vowed to maximize silicon production by starting mass production of 5nm and 7nm products at its Pyeongtaek production line in the second half of 2021.

The Korean giant announced their plans on calling Q1 earnings on Thursday.

The vice president of the foundry division, Han Seung-hoon said Pyeongtaek Line 2 is ready for mass production in the second half of 2021, adding:

Plans for a second line of manufacturing come after a severe round of blackouts caused by Samsung in shutdown its Austin, Texas manufacturing plant in February.

The shutdown has an impact on Q1 earnings, Han said adding:

The unscheduled shutdown of manufacturing unfortunately occurred in the middle of a global semiconductor drought left consumer electronics, automobiles and other industries scrambling for chips.

Han JinMan, senior vice president of the foundry marketing team said 71,000 thin loaves were affected by the Austin closure, valued at 300B won (US $ 270M) and 400B won (US $ 360M). The Austin fab is functioning normally again now.

Also calling, Samsung reported a 6.2 per cent increase in total revenue quarter-on-quarter to a new all-time Q1 high of 65.4 trillion won (US $ 59B). Year-on-year revenue rose 18.2 percent. Quarter-on-quarter operating revenue rose 3.7 percent to 9.3 trillion (US $ 8.4B) won.

The results are driven by smartphone sales with the help of tablets, PCs, wearables, and the erasure of repressed refresh cycles for consumer electronics. ®