Samsung Electro-Mechanics signs 36.05 billion won substrate deal
The memory package substrate contract with a global company runs from January 1 to December 31 next year, the company said on October 18.
Samsung Electro-Mechanics said on October 18 that it signed a package substrate supply contract for memory semiconductors with a large global company, according to techm.kr. The deal is worth 36.05 billion Korean won and runs from January 1 to December 31 of next year.
The contract adds to a series of long-term agreements. Since May 2026, the company has signed a total of 7 long-term supply agreements with a cumulative value of 4.3 trillion won.
Samsung Electro-Mechanics also held its first in-house hackathon from October 13 to 16 using its own generative AI, Saeomcowork. The theme was developing agentic AI to reduce repetitive tasks, and 100 two-person teams took part, competing for total prize money of 33 million won.
Winners will be awarded at a founding ceremony on November 2, and the agents developed during the event will be made available to all employees.
Capacity expansion in Sejong
The company is expanding its AI server flip-chip ball grid array production facilities in Sejong with an investment of 4.27 trillion won. Completion is targeted for May 2028, with the new line scheduled to operate by September 2028.
Quick answers
How much is Samsung Electro-Mechanics' new substrate contract worth?
The package substrate supply contract for memory semiconductors is worth 36.05 billion Korean won.
What was the theme of Samsung Electro-Mechanics' first hackathon?
The hackathon, held from October 13 to 16, focused on developing agentic AI to reduce repetitive tasks.