South Korea-based tech giant Samsung today announced its new plan for the near future. With its press release, the company is committed to strategic activities related to semiconductors, biopharmaceuticals (biologics) and next-generation technologies over the next five years. 455 trillion won ($355 billion) announced that he would spend

This spending figure, which the company set for the next 5 years, was 30% higher than the figure announced for the previous five-year plan. It is stated that 450 trillion won will be for capital expenditure and research expenditure while the total amount of this fund is 360 trillion will be spent on studies in South Korea announced.

Samsung strengthens research and development

With the announcement of Samsung, the company announced that it will invest in memory chips in the semiconductor sector and research into new materials and chip architecture announced that it will strengthen However, some of the investments will also focus on logic chips such as application processors and image sensors. It was also noted that 3nm technology will be used. Other areas included in the spending plan were 5G, 6G and artificial intelligence.

Announcing the new spending plan, the company emphasized that under the current circumstances it is important to protect the supply chain for these sectors in South Korea. In addition to the allocated fund, the tech giant will be in South Korea within a 5-year period. 80 thousand new jobs will be created explained.

Could be a solution to the chip crisis

Samsung, the world’s largest manufacturer of semiconductor chips as we are; It is one of the companies hardest hit by the chip crisis, which affects all electronics from cars to smartphones. The South Korean tech giant could remedy production contraction caused by the chip crisis with its 5-year plan that has increased it by 30 percent.