Samsung targets top spot in logic chip market with extra investment

Nieuws Algemeen Wereld 24 APR 2019
Samsung targets top spot in logic chip market with extra investment

Samsung Electronics announced that it will invest KRW 133 trillion by 2030 to strengthen competitiveness in its system LSI and foundry semiconductor businesses. The investment plan is expected to help the company to reach its goal of becoming the world leader in not only memory semiconductors but also logic chips by 2030. 

The company said it also plans to create 15,000 jobs in R&D and production to bolster its technological prowess. The investments through 2030 will be composed of KRW 73 trillion for domestic R&D in Korea and KRW 60 trillion for production infrastructure. As a result, investments in R&D and facilities for logic semiconductors are expected to amount to an average KRW 11 trillion per year until 2030.

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Production planning & operations, Semiconductors, Wholesale, Research and development

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