{
  "id": 19804792,
  "title": "Samsung Medison Doubles Capacity with New Hongcheon Plant",
  "url": "https://urgent.news/2026/11/13/samsung-medison-doubles-capacity-with-new-hongcheon-plant",
  "topic": "business",
  "section": "Business",
  "published": "2026-11-13T12:32:51.000Z",
  "source": {
    "name": "BusinessKorea",
    "slug": "businesskorea",
    "url": "https://www.businesskorea.co.kr/news/articleView.html?idxno=281298"
  },
  "original_language": "en",
  "account": "On November 13, Samsung Medison unveiled the completion of a new ultrasound diagnostic equipment manufacturing plant at its Hongcheon facility in South Korea. In response to escalating demand for ultrasound diagnostic equipment, the company invested 50 billion won (approximately $37 million) to construct a new production facility with a total floor area of 14,548 square meters. This represents the largest scale of investment since Samsung Medison became part of Samsung Electronics in 2011.\n\nSituated since 1988, the Hongcheon plant is responsible for producing all exported products to over 110 countries globally. Premium ultrasound diagnostic equipment such as \"R20\" and \"HERA Z20,\" which are supplied to medical professionals worldwide, are manufactured at this facility. With this new production line, Samsung Medison aims to double its production capacity to 40,000 units by 2030, up from the current 24,000 units.\n\nSamsung Medison president Roh Tae-moon emphasized that the current facility has space pre-secured to expand to 40,000 units based on market demand. The design incorporates high ceilings, allowing the installation of ceiling rails to integrate additional equipment for rapid capacity increases.\n\nTo further enhance energy efficiency, Samsung Medison incorporated Samsung Electronics’ integrated building solution \"b.IoT\" with an intelligent temperature and humidity control algorithm. This innovation has the potential to reduce reheat energy by up to 33.6% and power consumption by up to 52% compared to the previous system, thereby decreasing energy usage and greenhouse gas emissions.\n\nSamsung Medison’s sales reached 665.1 billion won last year, marking a 16.2% increase from the previous year. The company has experienced two consecutive years of double-digit growth and surpassed 600 billion won in sales for the first time. Its operating profit reached 87 billion won, an increase of 9.8% year-over-year.\n\nDespite the global ultrasound diagnostic equipment market growth anticipated at 4% this year, Samsung Medison projects a sales growth trend roughly three times higher than this. The company anticipates its operating profit to surpass 100 billion won ($76.92 million) for the first time in history.\n\nThis growth is fueled by the expansion of premium product lines incorporating artificial intelligence (AI) technology. As a result, Samsung Medison is poised to enter the top three in the global ultrasound diagnostic equipment market. Through a video message, Samsung Electronics President Roh Tae-moon expressed confidence in the company's commitment to becoming a global leader in medtech, stating that the expansion of the new Hongcheon plant is a significant milestone in securing global top-tier manufacturing competitiveness.",
  "summary": "Samsung Medison held a completion ceremony for a new ultrasound diagnostic equipment manufacturing building at its Hongcheon plant in Gangwon State on Nov. 13.To respond to the increasing demand for ultrasound diagnostic equipment, Samsung Medison invested 50 billion won (about $37 million) to build",
  "key_points": [
    "Samsung Medison completes $37M ultrasound plant in Hongcheon, South Korea.",
    "New facility aims to double production capacity to 40,000 units by 2030.",
    "Energy-efficient design reduces reheat energy by up to 33.6%."
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}