Samsung affiliates plan USD 9.15 billion semiconductor investment, with major expansion in Vietnam and South Korea
Seoul [South Korea], October 12 (ANI): Samsung affiliates plan to invest a combined 12.26 trillion won (USD 9.15 billion) in semiconductor operations, with nearly 8 trillion won (USD 5.99 billion) earmarked for Vietnam while expanding high-end production capacity in South Korea, The Korea Herald reported.
According to the report, Samsung Electronics plans to invest 105.79 trillion Vietnamese dong (USD 4.09 billion) in memory chip testing facilities at Yen Binh Industrial Park in Thai Nguyen, northern Vietnam. The first production line is scheduled to begin operations in the fourth quarter of 2027, with another planned for 2028.
