https://wccftech.com/samsung-electronics-is-racing-ahead-with-its-ambitious-116-billion-initiative-to-outpace-tsmc-nyse-tsm/

Samsung Electronics (KRX:005930) has initiated the construction of another 5-nanometer fabrication facility, this time in Pyeongtaek, as the South Korean giant continues to race ahead in its quest for snatching the primacy in the semiconductor arena away from Taiwan’s TSMC (NYSE:TSM).

According to the details, the Pyeongtaek plant will employ the Extreme Ultraviolet Lithography process in the fabrication of 5-nanometer chips as a part of Samsung’s made-to-order foundry business. The company expects to start utilizing these chips from H2 2021 in wide-ranging applications, including 5G telecommunication and high-performance computing (HPC).