Samsung: Less Profitable Fabs Business Than TSMC, But Diversified With Fewer Risks
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Samsung Electronics (OTC: OTC:SSNLF) recently announced increased investments to $151 billion in semiconductors back in May 2021. This represents an increase of 29% from the previous commitment. With this massive investment, which reminds us of Taiwan Semiconductor Manufacturing Company’s (TSM) plan to invest $100 billion over three years, Samsung aims to become the world leader in logic chips by 2030.
However, the announcement did not…
