Samsung Invested $37 Billion Expanding its Semiconductor Manufacturing Capacity in 2022

[btarunr]

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.



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[Prima.Vera]

Samsung, LG, etc are government sponsored companies. This news would have been worthy if the actual budget would have come from Samsung's own revenue, and NOT from government "donations"

 

[Space Lynx]

every nation state is in massive debt, every nation state keeps buying treasury bonds from other nation states, and hmmm pyramid scheme, financial collapse imminent?

print print get the printers running baby!!! *jumps on bed and sings* GET THE PRINTERS RUNNING BABY WOOOO what a wild ride humanity is.

 

[Chaitanya]

Samsung, LG, etc are government sponsored companies. This news would have been worthy if the actual budget would have come from Samsung's own revenue, and NOT from government "donations"

Korean Giants are much worse than government sponsored companies.

 

[luches]

wonder how much of this money was laundered in the whole process ?!! Korean companies specially Samsung and LG have massive internal corruption issue.