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The economy is struggling, and chipmakers are scaling back manufacturing. Try telling that to Samsung Electronics, with the company reportedly ready to increase its chip manufacturing. Specifically, the company will boost production in its largest semiconductor plant in 2023.

According to reports in South Korea, Samsung is hedging against predictions the economic downturn will affect chip sales. While many of the company’s rivals are heeding the warning, Samsung obviously believes will remain.

It is worth noting we are still leaving a major two-year shortage of processors, so demand could still be there for new semiconductors.

Reuters suggests Samsung is taking this decision in an effort to increase its market share in the processor industry while others are slowing down. Seoul Economic Daily points out the company’s P3 fabricating plant in Pyeongtaek will increase capacity by adding a 12-inch wafer production of dynamic random-access memory processors.

To drive the expansion, Samsung is going to purchase 10 new ultraviolet machines through 2023.

DDR5 DRAM

Last week, the company launched the industry-first 12nm DDR5 Memory. Samsung says that its 12nm DDR5 DRAM will provide the processing for next-generation computing, AI apps, and data centers.

“Our 12nm-range DRAM will be a key enabler in driving market-wide adoption of DDR5 DRAM,” says Jooyoung Lee, Executive Vice President of DRAM Product & Technology at Samsung Electronics. “With exceptional performance and power efficiency, we expect our new DRAM to serve as the foundation for more sustainable operations in areas such as next-generation computing, data centers and AI-driven systems.”

The DDR5 DRAM will begin manufacturing in 2023.

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