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Simmtech to Invest KRW 105.4 Billion in Cheongju Facility Expansion

Simmtech to Invest KRW 105.4 Billion in Cheongju Facility Expansion

BitgetBitget2026/11/03 09:08
  • Simmtech will invest KRW 105.4 billion to expand production, logistics and office facilities to meet rising semiconductor demand.
  • The expansion at its Cheongju 2 site in North Chungcheong Province will run from Nov. 3, 2026, through Aug. 31, 2028.
  • The investment represents 18.3% of shareholders’ equity and will be funded through internal reserves.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Simmtech Co. Ltd. published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20261103900663), on November 03, 2026, and is solely responsible for the information contained therein.

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