Samsung spends record $36 billion on semiconductor sector - 90% of total investment in manufacturing development in 2022

South Korean tech giant Samsung Electronics invested in manufacturing last year

reached a record level. And almost all of the funds were directed to the semiconductor industry.

What is known

A company from Suwon in 2022 increasedinvestments in the development and modernization of enterprises by 10.3% and 10.1%, respectively, compared with 2021. The total investment amounted to $40 billion. This is a record.

The semiconductor sector received $36 billion, whichcorresponds to a share of 90%. Moreover, during the last quarter of 2022, Samsung invested $14.2 billion in semiconductors, including 39.2% in the production of memory chips. At the same time, it is reported that the company took a loan from the Samsung Display division in the amount of $15 billion.

North and South America brought Samsung about$50 billion in revenue. Compared to 2021, the revenue of the South Korean manufacturer in these two regions grew by 13%, and the total share of the two Americas was 31.1% against 29.2% in 2021.

But in China, Samsung felt differentFine. He managed to earn $ 41.4 billion, but in comparison year-over-year income fell by 8.4%. At the same time, the share of China decreased from 29.9% to 25.8%. In addition, the company closed three enterprises in China over the past two years.