SEOUL: Samsung Electronics Co Ltd said it will invest at least US$18.6bil in South Korea to extend its lead in memory chips and next-generation smartphone displays, in a plan that promises to create almost half a million jobs.
The investment underscores Samsung’s determination to widen its lead in memory chips, which are expected to propel Asia’s third most-valuable company to record profit this year.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!