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Tag: Samsung

Samsung Signs a $200 Billion MOU with Broadcom

South Korean companies announced billions in AI-related investments with Nvidia and Broadcom over the weekend, highlighting the nation’s growing central role in the global AI sector. The deals were revealed at an AI summit in San Francisco, where South Korean President Yoon Suk-yeol attended. In the most significant announcement, Samsung Electronics signed a five-year memorandum … Continued

South Korea: Samsung and Hynix Expect to Invest KRW 80 Trillion to Build Four Semiconductor Factories

On June 29th, according to foreign media reports, South Korean Minister of Industry and Trade Kim Jong eun announced plans to invest 80 trillion Korean won (approximately 518 billion US dollars) to build four semiconductor manufacturing plants in southwestern South Korea, with Samsung Electronics and SK Hynix planning to build two each. Kim Jong nam … Continued