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Samsung Elec breaks ground on new chip R&D centre, plans $15 billion investment by 2028

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SEOUL : Samsung Electronics said on Friday it broke ground at a new semiconductor research and development (R&D) complex in South Korea, where it plans to invest about 20 trillion won ($15 billion) by 2028 to drive leadership in chip technology. The world's largest memory chip maker and second-largest chi

SEOUL : Samsung Electronics said on Friday it broke ground at a new semiconductor research and development complex in South Korea, where it plans to invest about 20 trillion won by 2028 to drive leadership in chip technology.

"Samsung Electronics is seeking to overcome the limits of semiconductor scaling," it said in a statement.

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