The best Samsung deals! Galaxy Book 4 series, Watch 6, S24 Ultra or Z Flip 5! - Join SamMobile on Telegram!

SamMobile has affiliate and sponsored partnerships. If you buy something through one of these links, we may earn a commission.

Notifications
    News for you

    Samsung plans to invest $14.7 billion on a new semiconductor plant in South Korea

    Phone
    By 

    Last updated: October 6th, 2014 at 15:22 UTC+02:00

    Samsung has confirmed that it is planning to invest 15.6 trillion Korean Won (about $14.7 billion) on a new semiconductor plant in South Korea. It has been confirmed by Samsung that the plant will be situated in Godeok Industrial Complex in Pyeongtaek and its construction will start in the first half of 2015. The new plant will provide jobs to over 150,000 people and will be operational in the second half of 2017. Samsung is yet to provide any details about the exact products which will be fabricated at this facility, though they promise that it will help them in meeting “…growing demand for advanced semiconductor products.

    Samsung's revenue through its mobile division is diminishing due to increased competition from Apple in the high-end category and from Chinese brands in the entry-level smartphone market. Two weeks ago, its share price dropped to a 2-year low as profit estimates declined. This is why Samsung is investing on manufacturing semiconductor chips, a business unit which has been experiencing consistent growth. Last week, Samsung announced that it is expecting improved profits due to its deal with Apple to provide next generation processing chips based on 14nm technology. Last quarter, Samsung had announced that it would set up a $1 billion display manufacturing plant in Vietnam.

    Via | Source

    Phone System LSI

    You might also like

    Samsung to launch its own AI accelerator chip called Mach-1 in 2025

    Samsung to launch its own AI accelerator chip called Mach-1 in 2025

    Samsung launched its first AI phone, the Galaxy S24, earlier this year. Before that, the South Korean firm launched its own Large Language Model (LLM) called Samsung Gauss, which powers some of the AI features on the Galaxy S24. It is reported that Samsung will launch its own AI accelerator chip next year. Samsung's first […]

    • By Asif Iqbal Shaik
    • 7 days ago
    MediaTek partners with Nvidia to make car chips to rival Qualcomm, Samsung

    MediaTek partners with Nvidia to make car chips to rival Qualcomm, Samsung

    MediaTek has announced that it has partnered with Nvidia to make four new automotive chips for connected and self-driving cards. The company's Dimensity Auto Cockpit series chips will compete with automotive chips from Qualcomm and Samsung. MediaTek Dimensity Auto Cockpit chips to compete with Samsung's Exynos Auto chips The company's new Dimensity Auto Cockpot series has […]

    • By Asif Iqbal Shaik
    • 1 week ago
    Samsung will be sole display driver supplier for OLED Apple iPad Pros

    Samsung will be sole display driver supplier for OLED Apple iPad Pros

    Apple is developing six new iPad models. Among them are 11-inch and 12.9-inch iPad Pros. The tech giant is said to offer both tablets with OLED displays, and Samsung Display is one of the two companies supplying OLED panels for those models, with the other company being LG Display. Now, we have some more information […]

    • By Abid Iqbal Shaik
    • 2 weeks ago
    Galaxy Watch 7 could launch in three variants, have 50% more power-efficient chip

    Galaxy Watch 7 could launch in three variants, have 50% more power-efficient chip

    A few days ago, we exclusively revealed that Samsung is seriously considering launching a new smartwatch with a squarer screen. Now, new rumors reveal more information about the Galaxy Watch 7 series, and it brings a surprise if the information ends up being correct. It could be getting a new variant and a brand-new processor. […]

    • By Asif Iqbal Shaik
    • 2 weeks ago
    Revolutionary face unlock system from Metalenz uses Samsung’s ISOCELL Vizion sensor

    Revolutionary face unlock system from Metalenz uses Samsung’s ISOCELL Vizion sensor

    Two months ago, Samsung unveiled two new ISOCELL sensors: ISOCELL Vizion 63D and ISOCELL Vizion 931. One of those sensors is now being used in a new and revolutionary 3D face unlock mechanism that Metalenz has developed. This shows the superiority of Samsung's new 3D depth mapping camera. Metalenz is an optics company spun out […]

    • By Asif Iqbal Shaik
    • 4 weeks ago
    Dimensity 9400 and Snapdragon 8 Gen 4 benchmarks set tall targets for Exynos 2500

    Dimensity 9400 and Snapdragon 8 Gen 4 benchmarks set tall targets for Exynos 2500

    Samsung is expected to launch the Exynos 2500 (tentative name) by the end of this year for the Galaxy S25 series. That chip will face a pretty tough challenge from rivaling chips, the MediaTek Dimensity 9400 and the Qualcomm Snapdragon 8 Gen 4. The first set of benchmarks for those chips have leaked for the […]

    • By Asif Iqbal Shaik
    • 2 months ago