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Samsung Electronics plans to invest ~$230B through 2042 in South Korea to build one of the world's largest chipmaking bases, including five chip factories

South Korean tech giant Samsung Electronics (005930.KS) expects to invest $230 billion over the next 20 years to develop …

Reuters

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Discussion

  • @jeff4malaysia Jeff Ooi on x
    Long-range chips race. Samsung Electronics will build 5 new domestic semiconductor plants in a 300 trillion won ($230 billion) investment over the next 20 years. It's part of the global race to secure supply chains in the chip industry. https://asia.nikkei.com/...
  • @robertalanward Robert Ward on x
    Samsung's $230bn chip investment plan is eyepopping, but illustrative of the high cost of chip resilience/supremacy. Japan (gov earmarked $3bn chip subsidy), others will need deeper pockets. Samsung Electronics to build five new chip plants in South Korea https://asia.nikkei.com/…
  • @dnystedt Dan Nystedt on x
    Samsung Electronics plans to spend 300 trillion won (US$230 billion) on 5 new semiconductor fabs in South Korea over the next 20-years, Nikkei reports, some plants for its mainstay memory chips and some for foundry operations. $TSM $INTC #Samsung https://asia.nikkei.com/...