South Korean Samsung Electronics announced plans to invest 133 trillion won in a chip manufacturing business by 2030. The message from the electronics manufacturer states that it has planned 73 trillion won for internal research, and the company intends to invest 60 trillion won in the production infrastructure. According to the company's calculations, it will invest about 11 trillion won annually in the production of logic chips. The main goal of the investment plan is to achieve leadership in the world in the field of semiconductor memory and in the field of logistics chips by 2030. Expansion of research and development, as well as an increase in production, will require the company to create additional 15,000 jobs.
Toyota raises profit forecast 54%, unfazed by global chip shortage08.02.2021
Bank of Israel purchases $6.8 billion of forex in January, reserves reach new record05.02.2021
Investors flock to $5 billion Alibaba bond deal despite regulatory woes04.02.2021
Qualcomm shares plunge on restricted chip supply