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Samsung invests billions in chip factories
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Old 17th March 2023, 11:40   #1
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Default Samsung invests billions in chip factories

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.

https://fudzilla.com/news/56529-sams...chip-factories
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