Samsung invests billions in chip factories

@ 2023/03/17
Soon the US will fear South Korea

Samsung will invest around $230.8 billion over 20 years in the South Korean government's push to develop a mega semiconductor hub in the country.

The firm told the BBC that this would be put towards building five chip factories.

Under the cunning plan, companies in high-tech industries will be offered incentives like expanded tax breaks and infrastructure support.

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