Samsung Group, South Korea’s biggest conglomerate, plans to open its new research and development complex for electronic materials next week in a city south of Seoul, industry sources said Sunday.
According to the sources, the R&D center completed 22 months after it broke ground in January 2012, was jointly invested by five of the group’s subsidiaries ― Samsung Electronics Co., Samsung SDI Co., Cheil Industries Inc., Samsung Fine Chemicals Co. and Samsung Corning Precision Materials Co.
The complex, built on 420,000 square meters of land, is scheduled to open on Tuesday and is located near the group’s flagship Samsung Electronics’ memory chip plant in Suwon, 46 kilometers southwest of Seoul.
Some 3,000 researchers are to expected to reside at the complex, the sources said.
The complex is different from the group’s other research centers, including a mobile research center, in that it will research and develop materials, not parts and finished products, they said. (Yonhap News)
