{"id":27688,"date":"2025-11-16T18:04:02","date_gmt":"2025-11-16T18:04:02","guid":{"rendered":"https:\/\/ipp-news.com\/?p=27688"},"modified":"2025-11-16T18:04:02","modified_gmt":"2025-11-16T18:04:02","slug":"samsung-plans-310-bn-investment-to-power-ai-expansion","status":"publish","type":"post","link":"https:\/\/ipp-news.com\/?p=27688","title":{"rendered":"Samsung plans $310 bn investment to power AI expansion"},"content":{"rendered":"<div>South Korean conglomerate Samsung unveiled on Sunday a plan to invest $310 billion over the next five years mostly in technology powering artificial intelligence, aiming to meet growing demand driven by a global boom.<\/p>\n<p>The business group&#8217;s flagship Samsung Electronics is already one of the world&#8217;s top memory-chip makers, providing crucial components for the AI industry and the infrastructure it relies on.<\/p>\n<p>South Korea is also home to SK hynix, another key player in the global semiconductor market.<\/p>\n<p>Read More: Samsung hikes prices of memory chips by up to 60% amid AI data centre boom<\/p>\n<p>The five-year investment package includes plans to build a new semiconductor facility, Pyeongtaek Plant 5, designed &#8220;to meet the needs of memory-chip demands&#8221;, Samsung said in a statement.<\/p>\n<p>Once in full operation, &#8220;the Pyeongtaek plant is expected to play an even greater strategic role in both the global semiconductor supply chain and South Korea&#8217;s domestic chip ecosystem,&#8221; it said.<\/p>\n<p>The new line is scheduled to begin operations in 2028.<\/p>\n<p>Samsung SDS, the group&#8217;s IT and logistics arm, will establish two AI data centres in South Jeolla and Gumi, the company said, without providing further details.<\/p>\n<p>Samsung Group is a network of affiliated companies with complex cross-shareholdings under the Samsung brand, rather than a single legal holding company.<\/p>\n<p>It is South Korea&#8217;s largest chaebol, the family-run conglomerates that dominate the country&#8217;s economy.<\/p>\n<p>Also Read: US jury orders Apple to pay Masimo $634 million in blood-oxygen tech patent case<\/p>\n<p>The $310-billion plan also includes some projects unrelated to AI.<\/p>\n<p>Under the investment package, the company said that Samsung SDI, its electric-vehicle battery affiliate, was exploring the creation of a domestic production line &#8220;for next-generation batteries, including all-solid-state batteries&#8221;.<\/p>\n<p>The AI boom has delivered a major tailwind for Samsung Electronics and SK hynix, whose high-performance memory chips have become indispensable for AI computing.<\/p>\n<p>Samsung Electronics has reported that its profit increased more than 30 percent year-on-year in the third quarter, driven by AI-fuelled demand.<\/p>\n<p>AI-related spending is soaring worldwide and sky-high tech share valuations have fed concerns of an AI market bubble that could eventually burst, like the dot-com boom that imploded at the turn of the millennium.<\/p>\n<p>The investment package announced on Sunday comes after the South Korean government had pledged to triple spending on artificial intelligence next year.<\/p>\n<p>President Lee Jae Myung has vowed to &#8220;usher in the AI era&#8221; and make the country one of the world&#8217;s top three AI powers, behind the United States and China.<\/p>\n<p>\u00a0<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>South Korean conglomerate Samsung unveiled on Sunday a plan to invest $310 billion over the next five years mostly in technology powering artificial intelligence, aiming to meet growing demand driven by a global boom. The business group&#8217;s flagship Samsung Electronics is already one of the world&#8217;s top memory-chip makers, providing crucial components for the AI [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-27688","post","type-post","status-publish","format-standard","hentry","category-english-news"],"_links":{"self":[{"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/posts\/27688","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ipp-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=27688"}],"version-history":[{"count":0,"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/posts\/27688\/revisions"}],"wp:attachment":[{"href":"https:\/\/ipp-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=27688"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ipp-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=27688"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ipp-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=27688"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}