By Heekyong Yang and Joyce Lee
SEOUL (Reuters) -South Korean tech giant Samsung Electronics expects to invest $230 billion around the subsequent 20 a long time to build what the country’s federal government identified as the world’s largest chip-generating foundation, in line with initiatives to enhance the nationwide chip business.
Samsung’s all-around 300 trillion gained job is portion of a 550 trillion received non-public-sector investment decision system unveiled by the authorities on Wednesday. Seoul’s tactic aims to grow tax breaks and aid to elevate competitiveness of substantial-tech sectors including those involving chips, shows and batteries.
The strategies appear as other