Jump to content

Samsung to invest over $151 billion in its semiconductor businesses by 2030


Recommended Posts

Samsung to invest over $151 billion in its semiconductor businesses by 2030

 

Samsung Electronics, the South Korean tech giant and the world's leading semiconductor manufacturer has announced that it will increase its investments in its semiconductor businesses by an additional KRW 38 trillion ($36 billion) taking the total to around KRW 171 trillion ($151 billion) by 2030. The company had earlier committed that it would be investing more than KRW 133 trillion ($115 billion) into its chip business.

 

Samsung has two logic chip businesses: Samsung Foundry, which designs logic chips, and System LSI where it contract manufactures chips for other brands. The expansion of the Company’s Foundry Business will help new industries built on next-generation technologies like AI, 5G, and autonomous driving.

 

1620936163_pyeongtaek_campus_1_story.jpg

 

Discussing the news, Dr Kinam Kim, Vice Chairman and Head of Device Solutions Division at Samsung Electronics, said:

 

The entire semiconductor industry is facing a watershed moment and now is the time to chart out a plan for long-term strategy and investment. For the memory business, where Samsung has maintained its undisputed leadership position, the Company will continue to make preemptive investments to lead the industry.

 

Samsung has also started construction of a new production line called P3 in Pyeongtaek, Korea, which is expected to be completed in the second half of 2022. The state-of-the-art facility equipped with the latest P3 technology which is capable of producing 14-nanometer DRAM and 5-nanometer logic semiconductors.

 

Image credit: World Construction Network

 

 

Source: Samsung to invest over $151 billion in its semiconductor businesses by 2030

Link to post
Share on other sites
  • Replies 0
  • Created
  • Last Reply

Top Posters In This Topic

  • mood

    1

Popular Days

Top Posters In This Topic

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...