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

1. Linde expands gas supply to Samsung's Pyeongtaek semiconductor complex. 2. New agreement includes building an eighth air separation unit.

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FAQ

Why Bullish?

This announcement signifies Linde's growth in key technology sectors, similar to past expansions which boosted stock prices.

How important is it?

The expansion indicates Linde's essential role in a critical industry, likely enhancing investor confidence and market position.

Why Long Term?

The expansion positions Linde for sustained demand as semiconductor production increases, reflecting long-term growth trends.

WOKING, England--(BUSINESS WIRE)--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 un.

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