South Korea is home to Samsung Electronics, the world’s biggest memory chip maker. (Photo by Karina Nooka)
KIM JAEWON, Nikkei staff writer |
TOKYO — Samsung Electronics said on Wednesday that it will build five new domestic semiconductor plants in what the government said was a 300 trillion won ($230 billion) investment over the next approximately 20 years, part of the global race to secure supply chains in the chip industry.
A Samsung spokesman confirmed the construction plan and said that the company would try to invest that amount. The government said the investment would be concluded by 2042.
