At the ’52th General Shareholders’ Meeting of Samsung Electronics held at Suwon Convention Center on the 17th, DS Division Head Kim Ki-nam, Vice Chairman, explains the management status. Provided by Samsung Electronics
According to an analysis, Samsung Electronics will be pursuing Taiwan’s TSMC, the world’s No. 1 foundry company, spending 28 billion dollars (about 31 trillion won), the largest in the industry, on semiconductor facility investment this year. According to the industry on the 17th, the global market research company’IC Insights’ predicted that this year’s semiconductor facility investment of Samsung Electronics was worth 28 billion dollars, similar to that of last year. TSMC’s facility investment this year is expected to be $27.5 billion (about 31 trillion won). TSMC has said that this year’s facility investment will reach 25 billion to 28 billion dollars. IC Insights predicted that this year, two companies, Samsung Electronics and TSMC, will account for 43% of global semiconductor facility investment. Kim Ki-nam, Vice Chairman of Samsung Electronics’ Device Solutions (DS) Division, was asked about TSMC and competition at Samsung Electronics’ regular shareholders’ meeting held that day. In addition, he said, “It is true that the Samsung Electronics foundry business is short of its inception, so it is lacking in market share, production capacity, and number of customers than the leading companies, but the competitiveness of its leading-edge process is inferior.” He said, “We will prepare production capacity in a timely manner through efficient investment and narrow the gap in competition through this.” By Jo Gye-wan, staff reporter