Samsung Electronics Co Ltd plans to invest $116 billion in non-memory chips thro...
SEOUL - Samsung Electronics Co Ltd plans to invest $116 billion in non-memory chips through 2030, to cut its reliance on the volatile memory chip market and develop chips to power self-driving cars and AI-enabled devices.
Global semiconductor makers are in a race to produce powerful chips to support new technologies such as fifth-generation mobile networks, connected cars and artificial intelligence . “The investment plan is expected to help the company to reach its goal of becoming the world leader in not only memory semiconductors but also logic chips by 2030,” it said in a statement.
“Samsung appears to be aggressive on the non-memory side given the size of the spending, but it is too early to tell whether this long-term plan will work out because it depends a lot on the demand situation and market conditions,” said senior analyst Song Myung-sup at HI Investment & Securities. South Korea, the world’s biggest producer of memory chips thanks to Samsung and domestic rival SK Hynix Inc, also wants to reduce its reliance on memory chip sales to smoothen volatile export trends.
With a 19 percent market share, Samsung is a distant second player in the foundry - or contract chip manufacturing - sector, trailing market champion Taiwan Semiconductor Manufacturing Co Ltd , according to industry tracker TrendForce.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
TSMC’s new chips will leave Samsung in the dustQuarterly earnings at Taiwan’s $220 bln semiconductor maker fell 32 pct to $2 bln. However, cutting-edge technology means TSMC will benefit first as 5G handsets come into use and its South Korean rival will struggle to catch up. That justifies the rich valuation gap.
Lire la suite »
Samsung Electronics to invest $9.6 billion annually in logic chips until 2030Samsung Electronics said on Wednesday that it would invest 11 trillion won ($9.5...
Lire la suite »
Apple will release a 5G iPhone in 2020 with chips from Qualcomm and Samsung, top analyst saysA 5G-equipped iPhone with a faster cellular internet connection would give consumers a reason to upgrade from older models.
Lire la suite »
Qualcomm gains $30 billion in market value after Apple settlementQualcomm Inc added $30 billion to its market value after it resolved a legal bat...
Lire la suite »
Apple paid up to $6 billion to settle with Qualcomm, UBS estimatesApple may also be paying Qualcomm between $8 and $9 per iPhone in patent royalty fees.
Lire la suite »
AT&T Sheds Its Stake In Hulu For $1.43 Billion, Nearly Tripling InvestmentHulu is buying back AT&T's minority stake in the streaming service for $1.43 billion, the two companies said Monday.
Lire la suite »
Uber's self-driving unit secures $1-billion investment ahead of IPODenso Corp., Toyota Motor Corp. and SoftBank Group Corp.’s Vision Fund bought stakes in the self-driving unit, valuing the arm at $7.25 billion, which will help Uber fund a very costly endeavor.
Lire la suite »
Uber announces $1 billion investment into its self-driving car group, weeks before going publicThe investment from Softbank, Denso and Toyota values the division, known as the Advanced Technologies Group (ATG), at $7.25 billion and creates a newly formed corporate entity with its own board.
Lire la suite »
Uber Clinches $1 Billion Investment in Self-Driving-Car UnitUber Technologies Inc. said it struck a deal with investors including SoftBank Group Corp.’s tech fund for a $1 billion investment in its self-driving-car unit as the ride-hailing company prepares for an initial public offering.
Lire la suite »
Uber's self-driving unit valued at $7.25 billion in new investmentUber's autonomous vehicle unit has raised $1 billion from a consortium of i...
Lire la suite »