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Samsung Biologics US Expansion: Future Plans & Overseas Considerations

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Samsung Biologics (now referred to as ‘The Company’) takes into account the construction of its bio plants in four states of the USA: California, Texas, North Carolina & Washington. It would be its first overseas production facility.

John Rim was appointed as the new Samsung Biologics CEO on DEC 20 and noted that major bio-arrays are located in these 4 states.

Incheon, a South Korean city bordering the capital of Seoul, has long been a transportation hub, where the company saw to acquire more land for its Plant in 4 expected to run in the Q2 of 2023. However, it could not be finished for reasons of the local elections where the company, Mayor & Commissioner of the free economic zone weren’t able to sign a contract.

Songdo International Business District is a smart city or “ubiquitous city” & “Private town, “where the company plans to build Plant 5 & plant 6 by the end of May if demand and supply are as expected. The company was established in 2011 and currently has three contract development and manufacturing organization (CDMO) plants in Songdo, Incheon, ranks it first place CDMO by capacity globally.CDMO develops a client’s products and also takes charge of mass production.

From 50 to 6000 employees in 2011 currently, The Company has a good professional record regarding CDMO’s fast operations for clients and completing deadlines.

“As of second quarter this year, we have accumulatively secured contracts worth $ 7.9 billion through 2028, but the figure could go up to strongest $ 12 billion or more .”
-John Rim

This statement suggests that the deals and acquisition possibilities are considered much more worthy.
According to the Rim, Samsung Biologics has readiness in the business & CES (Chief Engineering Services). Contract Developments & Manufacturing Organizations (CDMOs) competitors Lonza has been defeated by the company and has an advantage over others like Fuji and WuXi Biologics as it has confidence in its manufacturing facility, which can be erected and function in about 2 to 2.5 years.

Often dubbed as CES of biopharmaceuticals, The company placed a booth at BIO USA 2022 in San Diego from June 13 to 16.

John Rim also welcomed the native competition from another new entry & rival, Lotte, with its booth, as he pointed out it would prove beneficial for S.Korea and generate more growth.

No backing is available now; Rim requested support from Govt. for CDMO business.
John is also considering Ireland’s talks with the respective Government for constructing a plant there while keeping the US as a priority.

Emphasizing that ‘speed’ and ‘talented’ employees are the two edges of Samsung Biologics, said Rim in his first offline press conference with Korean reporters since he was appointed the CEO in December 2020 at BIO International Convention (BIO USA) on Monday.

“It normally takes four years to construct a facility, but we are nearly two times faster than our competitors; we have many young talented employees, and smart people largely contributed to the growth of Samsung Biologics.”
–John Rim.

John explained The company will start new drug development in the future but is also skeptical of the future of the cell and gene therapy industry, implying two further statements, respectively.

“Starting clinical trials does not mean anything; the success rate of developing a new drug stands at less than 10 percent, It is a very high-risk sector, and we definitely need a step-by-step approach.”
-Rim.
“Many companies worldwide have constructed their cell and gene therapy plants, and many of them are up for sale already as it is not yet a profitable sector. The time is not yet ripe for it.”
-Rim.

While securing companies like AstraZeneca, GlaxoSmithKline, Eli Lilly, and Moderna as customers
and signing deals of $7.9 billion until now. The Company also has many big global pharmaceuticals as clients.

Earlier in the year, Samsung Electronics announced to invest 450 trillion won ($350 billion)during the next five years in future businesses like SC, Foundry, and Biopharma.

Sources & References :


Harsh is a seasoned technology enthusiast with a deep passion for Android. Since its announcement in 2007, he has closely followed the evolution of this operating system, gaining a comprehensive understanding of its features and capabilities. His background in Android, IT, and Journalism has equipped him with the skills to analyze and present complex technological concepts in a clear and engaging manner. As the Editor-in-Chief at Samlover.com, Harsh is dedicated to sharing his knowledge and experiences about Android, services, and applications with the world.

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Samsung Galaxy S25’s advanced AI novelties could boost its price

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Samsung Galaxy S24 Ultra Brightness & Adaptive Color Tone

Samsung started working on the Galaxy S25 series, which is supposed to be launched early next year. This forthcoming device is expected to be priced higher as compared to its predecessor. 

Samsung will expand its high-end S series by introducing a next-gen smartphone series named the Galaxy S25. It’s too early to discuss the Galaxy S25, but leaks and rumors are doing their jobs by offering more details about the upcoming Galaxy S25. This upcoming device is expected to cost more than the current S-series devices. 

The reason behind this report appears to be that a Galaxy S25 will be more expensive than a Galaxy S24 due to its higher manufacturing costs. The US chip designer Qualcomm could push the upcoming Snapdragon 8 Gen 4 into production in the second half of the year. This latest chipset is expected to boost AI processing. 

Snapdragon 8 Gen 4 will be a truly advanced chip, but its high-end tech advancements might lead to higher costs, which could translate into a price hike for the upcoming Galaxy S25. The report suggested that, according to a recent prediction from industry watcher Ming-Chi Kuo, Qualcomm might increase the cost of the Snapdragon 8 Gen 4 by 25–30% compared to the Gen 3 solution. 

The Snapdragon 8 Gen 4 will be manufactured on the 3nm N3E process by TSMC; it’s the same technique used to build Apple’s A18 Pro chip. This shift will supposedly cause the Snapdragon 8 Gen 4 to be 25–30% more expensive than its predecessor. Snapdragon 8 Gen 3 costs around $190–$200; by this metric, the upcoming Snapdragon 8 Gen 4 might cost $260. 

However, Samsung could deal with the higher expenses of the Snapdragon 8 Gen 4 for the Galaxy S25 by absorbing the cost or reducing the quality in other areas, such as the battery or display, but this could be risky, such as switching to its in-house Exynos 2500 chip. The upcoming chipset will be fabricated from TSMC’s most advanced process and should bring performance gains to the CPU, GPU, and NPU (AI processing).

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Samsung Galaxy S21 series is receiving June 2024 security update in Europe 

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We are in the middle of the month, and Samsung is rolling out this month’s June 2024 security patch for Galaxy S21 smartphones in the European market. 

Samsung Galaxy S21 series, which includes three models – Galaxy S21, Galaxy S21+, and Galaxy S21 Ultra, is receiving a new June 2024 security patch in Europe. The brand has already rolled out this update for the Galaxy S21 smartphone in the US on the Verizon network. The update for the European market has arrived with its specific firmware version, as mentioned here – 

  • Galaxy S21 – G991BXXSBGXED
  • Galaxy S21+ – G996BXXSBGXED
  • Galaxy S21 Ultra – G998BXXSBGXED

Samsung’s June 2024 security update fixed all the bugs and known issues that were housed in the previous version and were creating some inconvenience while performing a few functions. Since all the bugs were fixed with the update, it will surely enhance the overall system software. 

The June 2024 security patch fixes 59 security vulnerabilities to upgrade the security and privacy of the device. It also boosts the overall system performance, security, reliability, and stability of the device to deliver a seamless and flawless performance. 

The Galaxy S21 users currently receding in Europe are eligible to download the update. Interested users can easily download the update by just following simple steps – Go to Settings >> Software Update >> Download and install.   

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Samsung released June 2024 security patch for Galaxy Fold 5, Flip 5, Fold 4, Flip 4, Fold 3 & Flip 3 

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The Korean brand Samsung is releasing a June 2024 security patch for several Galaxy foldable devices. 

A bunch of Galaxy foldable devices include Galaxy Z Fold 5, Galaxy Z Flip 5, Galaxy Z Fold 4, Galaxy Z Flip 4, Galaxy Z Fold 3, and Galaxy Z Flip 3. All of these devices are receiving the update in the US on the Verizon network. Each of the devices getting this new update with their identification firmware version as mentioned below –

  • Galaxy Z Fold 5 – F946USQS3CXE9
  • Galaxy Z Flip 5 – F731USQS3CXE9
  • Galaxy Z Fold 4 – F936USQS5FXF1
  • Galaxy Z Flip 4 – F721USQS5FXF1
  • Galaxy Z Fold 3 – F926USQS6IXF2
  • Galaxy Z Flip 3 – F711USQS7IXF2 

Samsung has already released the June 2024 security patch for several devices. However, this update does not bring any significant upgrades or notable changes; it fixes all the bugs and known issues. The update fixes all the security vulnerabilities, which will enhance the overall security and privacy of these devices. 

The update brings approximately 60 patches to fix multiple vulnerabilities. More particularly, Google has offered 37 patches to be applied to the Android OS. This June 2024 security patch boosts the stability, reliability, and overall system software of the devices mentioned above. 

If you own any of the devices mentioned above, you can easily download this latest security patch in three steps: Go to Settings >> Software Update >> Download and install.

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