The requested article has expired, and is no longer available. Any related articles, and user comments are shown below.
© Copyright 2023 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.Samsung to invest $230 billion to build mega chip cluster
By KIM TONG-HYUNG SEOUL, South Korea©2024 GPlusMedia Inc.
5 Comments
Login to comment
Nihon Tora
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?
Samit Basu
@Nihon Tora
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.
lostrune2
This is good for South Korea, and good for the free world
Samsung is a reliable producer
GBR48
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.