The South Korean government expects Samsung Electronics' expanded advanced chip packaging operations to generate roughly 40 trillion won ($30 billion) in supplemental equipment investment. This development builds upon the company's prior commitment of 6 trillion won ($4.48 billion) dedicated to a specialized packaging facility in Asan. The initiative reflects sustained domestic capital allocation aimed at strengthening critical semiconductor infrastructure.
SEOUL, Nov 12 : South Korean President Lee Jae Myung said on Thursday that Samsung Electronics' 6 trillion won ($4.48 billion) investment in a high-bandwidth memory chip packaging plant in Asan, South Korea, would be followed by about 40 trillion won in investment in advanced equipment.
($1 = 1,339.5500 won)
Source: Reuters
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