Samsung Electronics to invest 133 trillion won in system semiconductors by 2030
Samsung Electronics to invest 133 trillion won in system semiconductors by 2030
  • Dan Yoo
  • 승인 2019.04.26 12:34
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Samsung Electronics will invest a total of 133 trillion won in expanding R&D and production technologies in the system semiconductor sector by 2030, and hire 15,000 professionals.

Its plan is to achieve the global No. 1 not only in memory chips but also in non-memory businesses, including system semiconductors. In addition, its strategy is to strengthen industrial ecosystem through co-prosperity cooperation with South Korea's small and medium-sized semiconductor companies.

Samsung Electronics announced on April 24 that it will invest 73 trillion won in R&D and 60 trillion won in state-of-the-art production infrastructure by 2030 in order to strengthen its competitive edge in system semiconductor business.

It plans to contribute to the development of research personnel for system semiconductors in Korea through large-scale R&D investments, while also contributing to the overall development of system semiconductor ecosystem, including domestic facilities and materials companies, through the expansion of facilities.

In a related move, the company will continue to invest in new lines while increasing production by utilizing new EUV production line at Hwaseong Campus in Gyeonggi Province.

In addition, Samsung Electronics said it will hire 15,000 workers specializing in system semiconductor R&D manufacturing to strengthen its technological competitiveness.

Meanwhile, President Moon Jae-in called for measures to ease the bias phenomenon in memory chips by increasing competitiveness in the non-memory chip sector, which is relatively less competitive than memory chips at a cabinet meeting on March 19.

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