Thursday, March 9th 2023
Samsung Invested $37 Billion Expanding its Semiconductor Manufacturing Capacity in 2022
Samsung Electronics reportedly invested a record 53.11 trillion KRW (USD $40.2 billion) in expanding its semiconductor manufacturing capabilities, until March 2023, with investments throughout 2022 totaling $37 billion (47.87 trillion KRW). Business Korea reports that much of the investment was made toward increasing memory products manufacturing capacity, despite the ongoing slump in the PC and ICT industries from a possible economic recession. Samsung anticipates a continued growth in DRAM, possibly as the data-center and consumer-electronics industries transition to faster memory types. In particular, Samsung is undertaking a doubling in foundry capacity in its Pyeongtaek foundry.
Source:
BusinessKorea
4 Comments on Samsung Invested $37 Billion Expanding its Semiconductor Manufacturing Capacity in 2022
print print get the printers running baby!!! *jumps on bed and sings* GET THE PRINTERS RUNNING BABY WOOOO what a wild ride humanity is.