Samsung today announced that it has started mass production at its new semiconductor fabrication line in Pyeongtaek, South Korea. The first product being produced on this line is now shipping to customers. The new facility is primarily going to focus on mass production of Samsung’s fourth-generation V-NAND memory product.

The company broke ground on this facility in May, 2015. It has taken just over two years of construction to get this fabrication line up and running. Samsung points out that the fabrication line at the Pyeongtaek campus currently happens to be the largest single Fab in the industry.

Samsung recognizes the emerging industry trends such as artificial intelligence, Internet of Things, big data and automotive technologies. That’s why the company is planning to further improve its manufacturing capabilities by investing 37 trillion won or close to $30 billion in its global production facilities.

The company is also planning to construct a new semiconductor fabrication line in Xi’an, China. It’s conducting site reviews currently. Samsung already has a fabrication line in that part of the world which was constructed back in 2014. The Xi’an site is in full operation presently.

Samsung Display, the conglomerate’s display-making affiliate, is also reviewing plans to set up a new OLED manufacturing site in Asan, South Korea by next year.

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