Samsung Elec will triple production of high-tech chips by 2027, sees strong demand

SEOUL, Oct. 4 (Reuters) – Chip contract maker Samsung Electronics (005930.KS) announced on Tuesday that it plans to more than triple its advanced chip production capacity by 2027 to meet strong demand despite the current global economic turmoil. The second largest foundry in the world after Taiwan Semiconductor Manufacturing Co (TSMC) (2330.TW) aims to mass-produce … Read more