News Formal

Samsung Plans Long-Term Investment to Diversify Chip Strategy

  • 📰 WSJ
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Samsung plans to invest about $116 billion by 2030 to diversify its semiconductor production beyond memory chips

SEOUL—Samsung Electronics Co. said it would invest about $116 billion by 2030 to further diversify its semiconductor production beyond memory chips, as the company seeks new growth drivers.

The spending, which entails both research-and-development and capital expenditure, will be directed toward boosting Samsung’s foundry and logic-chip operations, two areas the South Korean firm has previously pledged to cultivate. The more advanced chips give the brains to smartphones, computers and self-driving cars that increasingly need...

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

SubscribeToPewDiePie

So it's gonna make neural processors? ( -__-) after memory comes the neural.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Samsung plans $116 billion investment in non-memory chips to challenge TSMC, QualcommSamsung Electronics Co Ltd plans to invest $116 billion in non-memory chips thro...
Source: Reuters - 🏆 2. / 97 Read more »

Samsung plans $116 billion investment in non-memory chips to challenge TSMC, QualcommSamsung Electronics Co Ltd plans to invest $116 billion in non-memory chips thro...
Source: Reuters - 🏆 2. / 97 Read more »