Samsung invests $230 billion in world's largest chip center in South Korea.
TL;DR Summary
South Korea plans to build the world's largest high-tech system semiconductor cluster in the Seoul Metropolitan area with $230 billion investment from Samsung Electronics. The chip cluster will be located in Gyeonggi province and will be completed in about 20 years. Samsung's investment plans over the next two decades translate into an average of about 15 trillion won annually. The concentration of chip manufacturing in just two places, Taiwan and South Korea, has caused concerns over global supply chain stability.
- South Korea to build 'world's largest' chip center with $230 billion investment from Samsung CNN
- Samsung to spend $228 billion on the world's largest chip facility as part of South Korea tech plan CNBC
- Samsung to invest $230 billion to build "mega" chip cluster The Associated Press - en Español
- Samsung Electronics to invest $230 bln through 2042 in South Korea chipmaking base Reuters
- Korea to build $229 bil. mega chip cluster in Seoul metro area by 2042 코리아타임스
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