What They Say
Samsung is to boost its investment plans to a total of $206 billion over the next three years, creating 40,000 new jobs and will include Samsung Display according to the Korea Economic Daily. The latest plan is 33% bigger than the spending between 2018 and 2020 and spending in Korea alone will match the last three years’ total spending. A spokesman said that the firm would
“aggressively pursue M&As to strengthen our technology and market leadership”.
The firm intends to boost its SoC business and its foundry business, where it wants to overtake TSMC by 2030.
What We Think
There is a summary of the planned spending here, but in terms of displays, there is just a focus on OLEDs and QDs. Although Samsung is very strong in memory, that market is very commoditised and suffers strong swings in revenue because of pricing variability. (BR)
Semiconductor companies market share worldwide from 2008 to 2020 – Source:Statista
