Samsung To Invest $230 Billion To Build 'Mega' Chip Cluster (go.com) 11
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. From a report: The chip-making "mega cluster," which will be established in Gyeonggi Province by 2042, will be anchored by five new semiconductor plants built by Samsung. It will aim to attract 150 other companies producing materials and components or designing high-tech chips, according to South Korea's Ministry of Trade, Industry and Energy.
Samsung's new plants will be located near its existing domestic factories and will produce both computer memory chips used for storing data and higher-margin logic chips designed to perform a broader range of functions, the company said. A giant in the global memory business, Samsung is trying to expand its presence in advanced chips, anticipating that demand will soar in coming years with the adoption of new technologies such as 5G wireless networks, artificial intelligence and self-driving cars.
Samsung's new plants will be located near its existing domestic factories and will produce both computer memory chips used for storing data and higher-margin logic chips designed to perform a broader range of functions, the company said. A giant in the global memory business, Samsung is trying to expand its presence in advanced chips, anticipating that demand will soar in coming years with the adoption of new technologies such as 5G wireless networks, artificial intelligence and self-driving cars.
Not the best investment (Score:4, Interesting)
Couldn’t they spend like say half that amount to get rid of their morbidly obese neighbor? They could entice him with some cupcakes or pork buns. Seems the biggest threat to Korea is him or his successor waking up one day and blowing up those semiconductor plants. I can’t believe hat they can’t take him out and replace him with a slightly slimmer puppet for say $150 billion.
Re: (Score:1)
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Well, he does say "waking up one day and blowing up those semiconductor plants" which is an acknowledgement of that reality.
New Bumper Sticker Idea (Score:3)
Going the wrong way? (Score:2)
Who wants a mega chip. We want ever smaller microcrhips.
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Cerebras [cerebras.net] would beg to differ.
Further South, maybe? (Score:1)
Spread the wealth around!
Lots of totally available cities slightly south and out of artillery range!
Great. (Score:1)
Taiwan next to China
South Korea next to North Korea.
What could possibly go wrong!
In artillery range of the North??? (Score:3)