ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Linde to Expand Supply of Industrial Gases to Samsung in South Korea

Linde (Nasdaq: LIN) announced today that it will increase its supply of ultra-high-purity atmospheric, process and specialty gases to Samsung’s world-class semiconductor manufacturing complex in Pyeongtaek, South Korea.

Linde is the main supplier of industrial gases to Samsung's complex at Pyeongtaek and already has multiple on-site facilities supplying essential gases. Under a new agreement, Linde will build, own and operate an eighth on-site air separation unit to supply nitrogen, oxygen and argon. Linde will also supply Samsung with hydrogen from its existing on-site hydrogen production facilities. Supply is expected to start up mid-2026.

“Today’s announcement further consolidates Linde’s 45-year track record of safely and reliably supplying industrial gases to Samsung in South Korea,” said B.S. Sung, President Linde Korea. “Pyeongtaek is Linde's single largest site for an electronics customer worldwide, and we are proud to have been selected once again to support Samsung’s growth. Linde’s advanced technology is designed to ensure our gases meet the high purity standards required for semiconductor manufacturing. We look forward to continuing to deliver innovative solutions to support this world-class facility.”

About Linde

Linde is a leading global industrial gases and engineering company with 2024 sales of $33 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, decarbonize and protect our planet.

The company serves a variety of end markets such as chemicals & energy, food & beverage, electronics, healthcare, manufacturing, metals and mining. Linde's industrial gases and technologies are used in countless applications including production of clean hydrogen and carbon capture systems critical to the energy transition, life-saving medical oxygen and high-purity & specialty gases for electronics. Linde 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 linde.com.

Contacts

Recent Quotes

View More
Symbol Price Change (%)
AMZN  237.58
-6.62 (-2.71%)
AAPL  272.95
-0.52 (-0.19%)
AMD  247.94
-10.95 (-4.23%)
BAC  52.87
-1.24 (-2.29%)
GOOG  279.12
-8.31 (-2.89%)
META  609.99
+0.98 (0.16%)
MSFT  503.29
-7.85 (-1.54%)
NVDA  186.86
-6.94 (-3.58%)
ORCL  217.57
-9.42 (-4.15%)
TSLA  401.99
-28.61 (-6.64%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.