$60 billion in investments by South Korea's semiconductor giants

Liam_Selby

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$60 billion in investments by South Korea's semiconductor giants

Record spending by South Korea’s semiconductor giants is raising the specter of another downturn in the chip industry’s boom-bust cycle.

Samsung and SK Hynix, the biggest makers of the memory chips used in mobile devices, have announced about $60 billion of investments in facilities that each year could pump out millions of silicon wafers -- the building blocks of semiconductors.

[Bloomberg]
 
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