Samsung will invest $116 billion in the development of logic chip business by 2030

South Korean Samsung Electronics announced plans to invest 133 trillion won in a chip manufacturing business by 2030. The message from the electronics manufacturer states that it has planned 73 trillion won for internal research, and the company intends to invest 60 trillion won in the production infrastructure. According to the company's calculations, it will invest about 11 trillion won annually in the production of logic chips. The main goal of the investment plan is to achieve leadership in the world in the field of semiconductor memory and in the field of logistics chips by 2030. Expansion of research and development, as well as an increase in production, will require the company to create additional 15,000 jobs.

25.04.2019
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Sino-U.S. Trade Hopes rally Asian stocks

Sino-U.S. Trade Hopes rally Asian stocks Asian stocks rallied on Monday’s morning trade as China and the U.S. seemed close to agreeing on a “phase one” trade deal. The Office of the U.S. Trade Representative (USTR) said on ...
28.10.2019

Vietnam imposes duties on Chinese and South Korean steelmakers

Vietnam imposes duties on Chinese and South Korean steelmakers Vietnam had imposed five-year tariffs on Chinese and South Korean color-coated steel products after domestic producers said unfair pricing from overseas competitors forced them ...
28.10.2019

AIA’s share price climb following release Q3 business results

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28.10.2019

Oil prices slide despite easing Sino-U.S. trade tensions

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28.10.2019

Glencore to trim copper and zinc production targets

Glencore to trim copper and zinc production targets Glencore PLC said that it would produce slightly less copper and zinc in the year than initially planned. The world’s biggest commodity trader has trimmed their production targets from ...
25.10.2019
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