Tuesday, November 29, 2022
News

Samsung Electronics invested over 29 trillion won in semiconductor facilities in first three quarters of 2022

Amid the sluggish semiconductor market, Samsung Electronics invested more than 29 trillion won in semiconductor facilities in the first three quarters of this year.

Stay tuned via SFCNation Telegram

According to a quarterly report released on Nov. 14, the company executed 32,963.2 billion won in facility investments between January and September 2022. Overall, 29,102.1 trillion won (88%) was invested in semiconductor facilities.

Moreover, Samsung’s facility investment in the same period last year reached 33,492.6 billion won, of which 89.5% or 29.99 trillion won was invested in semiconductor facilities.

Meanwhile, Samsung’s DRAM sales fell 33.7 percent to $7.371 billion in the third quarter from $11.121 billion in the second quarter, according to market research firms Eugene Investment & Securities and IDC.

(via)

Leave a Reply