The South Korean government put pressure on the company for this pharaonic project that should lead to the construction of 5 semiconductor factories in the suburbs of Seoul. This mega chip production site is also expected to attract around 150 diverse suppliers.
Samsung to invest $230 billion in foundry
It remains to be seen how this massive investment will fit into the US$360 billion investment plan that Samsung announced last year, an amount still destined for the semiconductor market but also for biotechnologies aimed at health. The South Korean glove still has plans to produce chips (probably Exynos) as efficient as those that TSMC will manufacture for Apple, at least until 2027.
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