Samsung to Invest a Mammoth $115 Billion by 2030 to Obtain an Edge in Mobile Chips and Take on Qualcomm, Apple, and Huawei
https://wccftech.com/samsung-115-billion-mobile-chip-development/
Samsung, which is already the number one memory chip maker in the world, has now decided that it wants to be at the forefront of the logic chip development too. To support its ambitions, the company has announced a 10-year plan, over the course of which approximately $115 billion would be spent on processors. Most of you are familiar with Samsung’s in-house chip development ventures.
The Korean giant pumps millions to make efficient and powerful SoCs for mobile devices, and it’s also entered the mobile connectivity business with its Exynos 5100 5G modem. With the amount being invested over the course of the next decade, Samsung very well wants to compete against the likes of Qualcomm, Apple, and Huawei.