Samsung Electronics breaks ground on new chip R&D centre, plans 15 billion USD investment by 2028
(VOVWORLD) - Samsung Electronics said last week it broke ground at a new semiconductor research and development (R&D) complex in South Korea, where it plans to invest about 15 billion USD by 2028 to drive leadership in chip technology.
 Signage is seen at Samsung 837 in Manhattan, New York City, U.S., November 23, 2021. (Photo: REUTERS) |
The world’s largest memory chip maker and second-largest chip contract manufacturer said the new facility at Giheung, south of Seoul, will lead advanced research on next-generation devices and processes for memory and system chips, as well as development of new tech based on a long-term roadmap.
“Samsung Electronics is seeking to overcome the limits of semiconductor scaling,” it said in a statement.