Around 80 percent of Samsung Group’s investment plan of 240 trillion won (US$205.5 billion) is expected to be spent on chips, analysts here said Wednesday, amid its push to bolster technology leadership in the semiconductor market.
Samsung, South Korea’s largest conglomerate, announced Tuesday it plans to invest 240 trillion won, with 180 trillion won allocated to South Korea, and create 40,000 jobs over the next three years to secure future growth in the post COVID-19 era.