Samsung to Invest $115 Billion in Foundry & Chip Businesses by 2030

Being among the largest contract makers of semiconductors and among leading developers of chips for various applications, Samsung Electronics wants to become the world’s leader in these industries. To do so, the company plans to invest a whopping KRW 133 trillion ($115 billion) in its Samsung LSI and Samsung Foundry businesses (i.e., non-memory operations).