Samsung Increases Chip Investment to $151 Billion by 2030
takyon writes:
Samsung Increases Chip Investment To $151 Billion Amidst 50% Tax Break Promises In Korea
South Korean chaebol Samsung Electronics has increased its capital expenditure budget for manufacturing semiconductors announced the company earlier today. Samsung's original plan, which covered investments in chip fabrication until 2030, outlied 133 trillion Korean Won in expenditure, and today the company has increased this to 171 trillion Won, which roughly equals $151 billion. Samsung announced the increase at an event held in its Pyeongtaek campus by the South Korean government.
[...] Samsung plans to complete the construction of its Pyeongtaek-3 chip facility next year. This facility will manufacture memory products using the 14nm chip process node and computing chips on the 5nm node by using Extreme Ultraviolet (EUV) lithography.
[...] Samsung also outlined its plans to bring EUV manufacturing to memory modules.
AMD plans to buy $1.6 billion in silicon wafers from GlobalFoundries
Advanced Micro Devices Inc. said late Thursday it plans to buy about $1.6 billion in silicon wafers from GlobalFoundries Inc. over the next few years.
In a Securities and Exchange Commission filing, AMD said it entered into a seventh amendment to its wafer supply agreement with GlobalFoundries "to extend GF's capacity commitment and wafer pricing to the company under the backdrop of the current global supply environment."
Related: Samsung Reportedly Planning $10 Billion Investment to Build "3nm" Fab in Austin, Texas
Samsung Considers Austin for $17 Billion Chip Plant, Eyes Tax Breaks of at Least $806 Million
TSMC and SK Hynix Spending $100 Billion Each on New Fabs and R&D
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