Samsung: Makes new investments of 115 billion dollars, in facilities and research until 2030!

In addition to being a pioneer in mobile phone manufacturing, the Samsung is also one of the largest semiconductor manufacturers in the world.

ΓTo meet demand, the Korean company is expected to spend $ 115 billion by 2030 on the construction of integrated circuits. In this way it wants to become the largest manufacturer in the world and surpass Intel and Qualcomm respectively.

According to the plan, Samsung will invest $ 63.7 billion in research and development in South Korea. The remaining $ 52.1 billion will go to the renewal of existing facilities and production lines. 15000 new jobs are expected to be created. The investment will yield $ 9.5 billion per year by 2030. Samsung will work with a company that plans to complete without having facilities in South Korea. This way he will be able to create better products in less time.

With this new design, Samsung wants to expand its product and service range. So it is expected to expand into virtual and augmented reality technologies, 5G, cloud gaming and IoT. Currently, its various units are helping each other to resist the slowdown in the economy. Thus she has managed to achieve her long-term goals, without reducing her profits.

Formerly the integrated construction and design parts were under the same roof, but Samsung separated them in 2017, so that it could expand production.

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