On August 19, Samsung laid the foundation stone for its future R&D center to be built on its campus in Giheung, south of Seoul. The company plans to invest $15 million by 2028 in the 109,000 square meter facility, which will be dedicated to memory chips and semiconductors, in order to overcome the limitations of scaling and consolidate its competitive advantage in electronic component technology.
Samsung is investing heavily in R&D, and on May 24 unveiled a new €330 billion investment plan to accelerate its investments in AI, biotechnology, semiconductor design and chip foundry over the next five years. When announcing this plan, Samsung said that 80% of this amount will be invested in R&D in South Korea.
Its logic chip and foundry unit recorded its highest quarterly revenue at the end of 2021 thanks to strong demand due to the global semiconductor shortage. Samsung Electronics passed its competitor INTEL and became the leader in semiconductor sales. For the foundry business, according to a TrendForce study, Samsung controls 18.3% of the market and is significantly outperformed by Taiwanese global market leader TSMC (Taiwan Semiconductor Manufacturing Company) which held 52.1% of the global foundry market in the last quarter of 2021.
Samsung invests $15 billion in R&D center in Korea

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