tech

Samsung to invest $230 billion to build mega chip cluster

5 Comments
By KIM TONG-HYUNG

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Wasn’t there a big announcement a few months back about the Japanese government investing 2.8 billion dollars in chip manufacturing? 230 billion - puts that into perspective, doesn’t it?

-3 ( +0 / -3 )

@Nihon Tora

puts that into perspective, doesn’t it?

Single fab costs $20~28 billion. $2.8 billion doesn't even cover down payment.

Chip fab is a money game only the richest can play, poor Japan need not apply.

-4 ( +0 / -4 )

This is good for South Korea, and good for the free world

Samsung is a reliable producer

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Announcements are free. They will expect most of that cash to come from public money. I wonder if the second Miracle on the Han River will come with the same political baggage as the first one. That places SK's sudden desire for friendship with Japan in a new light. Park Chung-hee was a Japanophile.

Everyone is shifting to the Soviet/Chinese system. State control of everything comes at a price and usually ends badly.

0 ( +0 / -0 )

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