Asia Express - East Asian ICT
Semiconductor - Samsung Electronics to Invest US$24 Billion in Chip Production Lines
December 07, 2004
As a preemptive strategy to secure leadership in the semiconductor industry, Samsung Electronics recently announced that it will invest 25 trillion Won (US$24 billion; US$1=1,042.2 Won) in semiconductor chip production lines over the next six years. The Korean company expects this latest project to generate 10,000 new job opportunities and revenue of 200 trillion Won (US$192 billion) by 2010.

 

With the abundant supply of chips, Samsung Electronics looks to expand its market share by 2007 in sectors such as mobile CPUs (Central Processing Unit), display processing chips, CMOS (Complementary Metal-Oxide Semiconductor) image sensors, memory chips for mobile devices, and integrated circuits.