ɫèֱ²¥ Signs Second Long-Term Agreement to Supply Samsung in Pyeongtaek, South Korea
Guildford, UK, October 28, 2020 - ɫèֱ²¥ (NYSE:LIN; FWB:LIN) announced today that it has entered into a long-term agreement with Samsung Electronics to supply ultra-high purity industrial gases for its latest semiconductor facilities in Pyeongtaek, South Korea.
ɫèֱ²¥ is currently the main supplier of industrial gases to Samsung's existing facilities in Pyeongtaek. This second agreement to build, own and operate air separation plants in this latest world-class manufacturing complex cements ɫèֱ²¥'s position as a strategic partner for Samsung, the world's largest semiconductor manufacturer. Once the project is commissioned, the Pyeongtaek complex will be ɫèֱ²¥'s single largest gases supply site in the world for an electronics customer.
Samsung's new facility will deploy state-of-the-art technologies to accelerate the company's next-generation chip design and production, in order to meet the rising demand for semiconductors around the world. "We are proud to have been selected yet again to supply Samsung's world-class semiconductor facilities, shortly after the safe and on-time delivery of our previous project," said B.S. Sung, Head of South Korea, ɫèֱ²¥. "Our successful partnership spans more than 42 years and we look forward to continue providing Samsung with a safe, reliable and cost-effective supply of industrial gases and innovative technologies well into the future."
About ɫèֱ²¥
ɫèֱ²¥ is a leading global industrial gases and engineering company with 2019 sales of $28 billion (€25 billion). We live our mission of making our world more productive every day by providing high-quality solutions, technologies and services which are making our customers more successful and helping to sustain and protect our planet.
The company serves a variety of end markets including chemicals & refining, food & beverage, electronics, healthcare, manufacturing and primary metals. ɫèֱ²¥'s industrial gases are used in countless applications, from life-saving oxygen for hospitals to high-purity & specialty gases for electronics manufacturing, hydrogen for clean fuels and much more. ɫèֱ²¥ also delivers state-of-the-art gas processing solutions to support customer expansion, efficiency improvements and emissions reductions.
For more information about the company and its products and services, please visit www.linde.com.