Business · Companies · 2 hrs ago

Samsung plans 84.4 trillion won in investment this year

Samsung plans 84.4 trillion won in investment this year

Samsung Electronics plans 84.4 trillion won in facility investment this year.

The company disclosed the planned amount on the 29th.

It plans to put 76.8 trillion won into semiconductors, about 91% of the total.

The investment is intended to strengthen the competitiveness of Samsung’s main businesses.

Rising demand for AI semiconductors is one reason for the plan.

The company has not stated in these details what it will do next.

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