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Samsung invests $230B in new fab in South Korea


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South Korea President Yoon Suk Yeol said the country will "build the world's largest scale system semiconductor cluster in the capital areas using massive private investments worth 300 trillion won."


"Speed is important. The government will do its best to realize the cluster project," he added. The plants are due to be completed by 2042.


A Samsung spokesperson said some of the plants will be for foundry chipmaking.


South Korea's Ministry of Trade, Industry and Energy (MOTIE) announced plans for the mega-facility as part of a project to invest $422 billion by 2026 into six key technology areas: semiconductors, electric vehicle batteries, autonomous vehicles, robots, displays, and biotechnology. $260 billion is being set aside for the semiconductor sector, including the establishment of the world's largest semiconductor megacluster, the development of next-gen core tech, and overseas technical cooperation and export support. Companies will also be offered tax breaks and infrastructure support.


South Korea President Yoon Suk Yeol said the country will "build the world's largest scale system semiconductor...

$230 billion from one company, I'm not sure I've ever heard of a larger investment from a single company. 



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CPU: 5800x
RAM: XMP 3600mhz CL16
GPU: 7900XT
SOUNDCARD: Sound Blaster Z 5.1 home theater
MONITOR: 4K 65 inch TV
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