April 16, 2024
Samsung to Invest $115 Billion in Logic Chip Businesses by 2030

Samsung to Invest $115 Billion in Logic Chip Businesses by 2030

Posted April 24, 2019 at 7:24pm by iClarified
Samsung has announced plans to invest $115 billion in its logic chip businesses by 2030. The investment will boost the competitiveness of its System LSI and Foundry businesses.

The investment plan is expected to help the company to reach its goal of becoming the world leader in not only memory semiconductors but also logic chips by 2030. The company also plans to create 15,000 jobs in R&D and production to bolster its technological prowess.

Samsung intends to spent $63 billion on domestic R&D and $52 billion on production infrastructure. An average of $10 billion will be spent per year until 2030.


Apple continues to rely on Samsung to supply parts for its mobile devices. Recent reports suggest that Samsung will be providing some modem chips for the 5G iPhone which could launch as early as next year.

Please follow iClarified on Twitter, Facebook, or RSS for updates.


Samsung to Invest $115 Billion in Logic Chip Businesses by 2030
Add Comment
Would you like to be notified when someone replies or adds a new comment?
Yes (All Threads)
Yes (This Thread Only)
No
iClarified Icon
Notifications
Would you like to be notified when we post a new Apple news article or tutorial?
Yes
No
Comments (1)
You must login or register to add a comment...
iAmMe
iAmMe - April 25, 2019 at 2:51pm
15,000 spies for R
Recent. Read the latest Apple News.
RECENT
Tutorials. Help is here.
TUTORIALS
Where to Download macOS Monterey
Where to Download macOS Ventura
AppleTV Firmware Download Locations
Where To Download iPad Firmware Files From
Where To Download iPhone Firmware Files From
Deals. Save on Apple devices and accessories.
DEALS