Samsung Electronics to invest $230 bln through 2042 in South Korea chipmaking base

Samsung to invest $230 billion to build mega chip cluster

Samsung Electronics said Wednesday it expects to invest 300 trillion won ($230 billion) over the next 20 years as part of an ambitious South Korean national project to build the world’s largest semiconductor manufacturing base near the capital, Seoul. The chip-making “mega cluster,” which will be established in Gyeonggi Province…

Samsung to spend $228 billion on the world's largest chip facility as part of South Korea tech plan

Samsung Electronics said Wednesday it plans to invest 300 trillion Korean won ($228 billion) in a new semiconductor complex in South Korea.

Samsung announces $230 billion chip complex in South Korea

Samsung on Wednesday announced plans to invest $230 billion in a new semiconductor complex in South Korea, as the government seeks to spur development.

Samsung to invest US$230 billion to build world’s largest chip production base

Samsung’s investment will be made over the next 20 years as part of South Korea’s ambitious national project to create a chip-making ‘mega cluster’ near Seoul.

Samsung to Invest $300 Billion in Construction of South Korean Chip Center

Samsung Electronics will invest 300 trillion won ($227 billion) over the next 20 years to build five new chip plants in South Korea as part of the government’s goal to establish “the world’s largest” chip center by 2042. The plans were unveiled by the South Korean Ministry of Trade, Industry, and Energy on March 15. The ministry said the chip center will be established in Gyeonggi province and attract 150 materials, components, and fabless compa…

Samsung Electronics to invest $230 billion through 2042 in South Korea chipmaking base

By Heekyong Yang and Joyce Lee SEOUL (Reuters) -South Korean tech giant Samsung Electronics expects to invest $230 billion over the next 20 years to develop what the country's government called the world's largest chip-making