Samsung will open its first Yongin AI chip fab by 2029, accelerating production amid booming AI memory demand.

Samsung, SK hynix, Sandisk, Kioxia and Micron report building out new DRAM and NAND flash manufacturing and packaging facilities coming on line in late 2027 or 2028.

Samsung Electronics Co. is moving to begin operations at the first semiconductor fabrication plant in its Yongin chip cluster in 2029, one to two y...