Umyeon-dong

Latest

  • Samsung gets green-light for $822 million R&D HQ in Korea

    by 
    Daniel Cooper
    Daniel Cooper
    08.17.2012

    Samsung has received permission from local authorities to erect a 330,000 square meter, 10-storey high research and development center in Umyeon-dong, Seocho-gu, Seoul. The facility, which broke ground last week, is expected to cost around 1 trillion won ($822 million) and will house around 10,000 employees. The company's expecting to be able to move in by May 2015, so remember to buy a plant to take to the housewarming party.