Samsung plans biggest chip plant

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Samsung Electronics, the South Korean chipmaker, is planning to spend $33 billion expanding output and building a research and development plant by 2012.

The company said it would create 14,000 new jobs and add 5,000 research posts over the next seven years, creating the world's biggest semiconductor factory.

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Wolfgang Gruener
Wolfgang Gruener
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Wolfgang Gruener is an experienced professional in digital strategy and content, specializing in web strategy, content architecture, user experience, and applying AI in content operations within the insurtech industry. His previous roles include Director, Digital Strategy and Content Experience at American Eagle, Managing Editor at TG Daily, and contributing to publications like Tom's Guide and Tom's Hardware.