Samsung commits $230B for five new chip plants in South Korea

Samsung Electronics said today that it plans to invest approximately $230 billion (300 trillion won) to build five new memory and foundry fabs in South Korea — a big move in line with the government’s ambitious aim to set up a mega semiconductor hub in Yongin, on the outskirts of Seoul. The investments will be … Continue reading Samsung commits $230B for five new chip plants in South Korea