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Samsung's $115 billion investment in logic chip business aims at Intel and Qualcomm

By Cookie Monster - on 26 Apr 2019, 12:00am

Samsung's $115 billion investment in logic chip business aims at Intel and Qualcomm

Samsung Nano City (Hwaseong) <br>Image source: Samsung

Samsung wants to take on Intel and Qualcomm in the advanced semiconductor sector with a whopping $115 billion investment over the next 10 years. 

While the company is the leader in memory semiconductors, it wants to strengthen its position in logic chips which include contract chip manufacturing (also known as foundry). This will help Samsung win chip manufacturing orders from the current market leader, TSMC. 

$52 billion will be allocated for the maintainenace of local production infrastructure. In addition, Samsung plans to create 15,000 jobs in R&D and production to enhance its Exynos processors. 

Source: Samsung 

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