The global chip shortage continues around the world. Especially at the beginning of 2020, Covid-19 and the accompanying quarantine process, which affected the whole world, negatively affected semiconductor production as in all sectors. The complete closure and the increase in diseases caused supply chains to form.
In the shadow of all this, big technology companies had difficulty in putting their products on the market. Many products have been delayed. According to the authorities, it is seen as 2025 at the earliest for this problem to pass. As such, large companies began to invest in semiconductor companies.
Samsung is changing its update strategy!
Samsung has started to work to offer faster updates. The company has a new plan for the European region.
Samsung allocated a budget of 110 billion dollars for investment
Technology giant Samsung continues to grow with great momentum despite chip troubles in recent years. Continuing its efforts to expand its product range, the company is preparing for a major investment. A central figure in all of the company’s organizations, Samsung Electronics Vice President Lee Jae-yong headed to Europe with a big budget.
Samsung has set aside $110 billion to invest in one of its semiconductor companies in Europe. There is no clear company name yet. However, judging by the information received, Vice President Lee Jae-yong is considering 3 important companies. These are said to be Netherlands-based NXP, Germany’s Infineon Technologies and Switzerland’s STMicroelectronics as possible candidates.
Samsung was not sloppy about investing in companies. So much so that the company has not bought any major companies since it bought Harman International for about $8 billion in 2016. But he had set his sights on ARM, one of the biggest chip manufacturers, but it didn’t happen.
After NVIDIA bought ARM for $ 40 billion, Samsung had to turn its quests in other directions. However, according to the information received yesterday, this purchase may have been canceled. After the news of the cancellation, Samsung relaxed even more, took action immediately and the vice president took the road to Europe.