CK Solution has secured a $22m (KRW30.9bn) contract with Samsung Heavy Industries for finishing work associated with the first phase of the P5 semiconductor project in Pyeongtaek, South Korea.
The order, announced on 13 August, covers the P5 Ph1 finishing works and is scheduled to run until 30 July 2027.
The contract represents one of CK Solution’s latest orders in the semiconductor manufacturing sector, following a $8.86m (KRW12.3bn) contract secured in February for an expansion project at Amkor Technology Korea’s Songdo plant.
CK Solution provides controlled-environment and specialist infrastructure systems for semiconductor facilities, as well as battery dry rooms, biocleanrooms and data centre environmental systems.
The company also holds exclusive rights in South Korea to supply dehumidifying rotors manufactured by Japan’s Nichias, whose customers include LG Energy Solution, Samsung SDI and SK On.
CK Solution reported consolidated revenue of $61m (KRW85bn) in the second quarter of 2026, up 45% year-on-year, while operating profit reached $431,925 (KRW600m), compared with a loss during the same period a year earlier.
The company attributed the revenue growth partly to new battery dry-room orders and investment linked to energy storage systems.
Samsung presses ahead with P5 semiconductor development
The contract comes as Samsung continues work on its P5 semiconductor facility in Pyeongtaek.
In July, President Lee Jae Myung announced an $880bn chip and AI investment plan alongside the leaders of Samsung and SK Hynix.
Earlier this year, Samsung brought forward construction of cleanroom infrastructure at the P5 facility as part of its pre-emptive “Shell First” strategy.
The approach involves completing key fab infrastructure, including cleanroom space, ahead of anticipated demand and subsequent equipment installation, allowing the company to prepare production capacity before committing to the full equipment build-out.
The P5 development is expected to support Samsung’s future semiconductor manufacturing capacity, including high-bandwidth memory production.
