Company
D&R China
D&R Events
Videos
Find Top SoC Solutions
for AI, Automotive, IoT, Security, Audio & Video...

Samsung to invest $230bn in ICs

Samsung is to spend $230 billion on semiconductors over the next 20 years under a Korean government plan for the private sector to invest $422 billion in the tech sector, including chips, batteries and displays.

www.electronicsweekly.com/, Mar. 15, 2023 – 

"The economic battlefield, which recently began with chips, has expanded, countries are providing large-scale subsidies and tax support," said President Yoon Suk Yeol earlier today, "we must support private investments to ensure further growth. The government must provide location, R&D, manpower, and tax support."

The Korean government's strategy aims to raise the tax deduction rate for facility investments in chips and other strategic technologies from 8% to 15%.

Samsung's plans include five more fabs.

The government will provide $20 billion for R&D over five years, $276 billion to develop chip packaging, and $77 billion in electricity and water infrastructure for industry.

click here to read more...

 Back

Partner with us

List your Products

Suppliers, list and add your products for free.

More about D&R Privacy Policy

© 2024 Design And Reuse

All Rights Reserved.

No portion of this site may be copied, retransmitted, reposted, duplicated or otherwise used without the express written permission of Design And Reuse.

I understand
This website uses cookies to store information on your computer/device. By continuing to use our site, you consent to our cookies. Please see our Privacy Policy to learn more about how we use cookies and how to change your settings if you do not want cookies on your computer/device.