Samsung is preparing to invest heavily in semiconductor manufacturing. Tech giant
What is known
Samsung invests $230 billion in semiconductorsfor 20 years. This was announced against the background of how other states are taking measures to support the domestic chip industry. For example, the US offers billions of dollars of subsidies to chipmakers who invest in the country.
Samsung manufacturing facilities will includeincludes five sites for the production of microcircuits. In addition, the South Korean government will allocate about $20 billion over five years to develop strategic technologies, including artificial intelligence.
In addition, about $280 will be allocated in 2023million for the development of packaging for chips and another $77 million for the development of infrastructure for industrial complexes. Two months ago, the South Korean authorities proposed to raise the tax rate on investments in semiconductors and strategic developments from 8% to 15%. This applies only to large corporations.