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Samsung to invest roughly $18 billion in its chip business

By TechTaffy Desk

Samsung says it plans to invest roughly $18 billion in its chip business. These investments will include expansion of it current semiconductor fabrication capacity in Pyeongtaek, South Korea, and installation of state-of-the-art infrastructure including Extreme Ultra Violet (EUV) equipment in its Hwaseong, South Korea site.

The company says it is also reviewing plans to establish a new OLED manufacturing site in Asan, South Korea, by 2018.

In addition, Samsung says it plans to construct a second semiconductor fabrication line in Xi’an, China.

[Image courtesy: Samsung]

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