South Korea Unveils $450 Billion Push for Global Chipmaking Crown (bloomberg.com) 28
South Korea unveiled ambitious plans to spend roughly $450 billion to build the world's biggest chipmaking base over the next decade, joining China and the U.S. in a global race to dominate the key technology. From a report: Samsung Electronics and SK Hynix will lead more than 510 trillion won of investment in semiconductor research and production in the years to 2030 under a national blueprint devised by President Moon Jae-in's administration. They'll be among 153 companies fueling the decade-long push, intended to safeguard the nation's most economically crucial industry. Moon got a briefing from chip executives on the initiative Thursday during a visit to the country's most advanced chip factory, a Samsung plant south of Seoul.
Samsung is boosting its spending by 30% to $151 billion through 2030 while Hynix is committing $97 billion to expansion at existing facilities in addition to its $106 billion plan for four new plants in Yongin, co-Chief Executive Officer Park Jung-ho said during the event. "Major global competitors are pressing ahead with massive investment to be the first to take the future market," Moon said in a speech. "Our companies have been taking risks and innovating as well and have completed preparations for tumultuous times."
Samsung is boosting its spending by 30% to $151 billion through 2030 while Hynix is committing $97 billion to expansion at existing facilities in addition to its $106 billion plan for four new plants in Yongin, co-Chief Executive Officer Park Jung-ho said during the event. "Major global competitors are pressing ahead with massive investment to be the first to take the future market," Moon said in a speech. "Our companies have been taking risks and innovating as well and have completed preparations for tumultuous times."
Ketchup. (Score:2)
Well Samsung is pretty much in the same league as Taiwan so I can see why this would be a good investment. With that being said, much like Taiwan I hope their borders are up to the task.
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China? (Score:3)
Is slashdot a captured asset which is afraid to say Taiwan now?
Taiwan has and is is in the race for the global crown, China does okay picking up old equipment to make chips which don't rely on the smallest feature sizes and that's all they are going to do for the next decade too.
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That depends how scared Taiwan are of nukes ... because if they defend themselves the Taiwan strait will have a lot of artificial reefs and China will have no troop carriers.
Yes, China. (Score:2)
Is slashdot a captured asset which is afraid to say Taiwan now?
Despite Taiwan holding the crown, China (Lesser Taiwan) is also vying for the title. They have invested billions [aljazeera.com] for the last two decades just catching up to Taiwan. [slashdot.org]
So yes, China was trying to catch up, then the USA, and now Korea.
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They have wasted Billions. Your link even points out they are trying to carve out a niche in SiC/GaN rather than compete for the crown (ie. highest density).
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I never claimed they were successful, I just said they are in the running.
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Could be worse. Someone could put a high tech chip factory right next to...Russia.
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Putler is a far more predictable dictator than Pooh.
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strategically, they are just one round of artillery fire away from a crater from North Korea.
DPRK artillery has a range of about 30 km. Although this includes Seoul, most of SK is out of range.
Samsung's fabs are in Hwaseong (south of Inchon) or even further south.
The new fabs aren't going to be build next to the DMZ.
if Kim decides to actually resume hostilities and "annex" his neighbors.
Surely you jest. The ROK economy is 80 times the DPRK economy. Kim can do some quick damage with a sudden attack, but the war will be over in an hour and it won't be Kim doing the annexing.
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The DPRK has over 8 million troops, both active and reserve. But they will be stopped when they reach the first fully stocked supermarket inside the ROK.
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But they will be stopped when they reach the first fully stocked supermarket inside the ROK.
There is historical precedent.
The 1918 German Spring Offensive stalled when the leading German units captured a large stockpile of French wine.
If Taiwan falls, so does Korea (Score:2)
A military attack on Taiwan is unlikely but it would be a huge deal. Not just some internal affair like Hong Kong. But the start of a very cold war.
If Taiwan falls it means that either 1. The USA was beaten in a military conflict or 2. That the USA did not put up much of a fight over distant Taiwan.
Either way, it means that the USA is weak.
Xi would be very popular in China.
Taiwan has 100 miles of ocean, only a very small part of the huge Chinese army would participate. Korea has no ocean to cross, easy a
Robotic manufacturing and display technology (Score:2)
Humans should get the paycheck of a robot with their name on it. Humans should not be working in factories, taking a machines job. We should have universal basic income by every human getting the paycheck of a robot that does their work. It is a win for everyone, we will have increased productivity while ensuring that everyone has at least a minimal sense of life security when it comes to health, shelter, and nutrition. This can only be accomplished if we have robots doing the hard work for us. Working in a
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It is a win for everyone
Other than the people paying for the robots...
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The people who own the robots will get paid too of course. In fact, they will get paid the most.
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Humans should get the paycheck of a robot with their name on it.
Indeed.
All the unemployed chambermaids should get paid every time someone flushes a toilet.
The dishwasher in your kitchen should have a meter to count each load, so unemployed scullery maids receive just compensation.
There should be a tax on cellphone touchscreens to help all the unemployed switchboard operators.
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Do you have a better plan for getting robots into factories that won't cause riots and mass unemployment?
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Do you have a better plan for getting robots into factories that won't cause riots and mass unemployment?
There are already millions of robots in factories.
No anti-robot riots so far.
Prior to Covid, unemployment was at historical lows.
Fewer than 10% of Americans work in factories.
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How about restaurants, retail, transportation, and construction? Robots can easily take 90% of those jobs.
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How about restaurants, retail, transportation, and construction? Robots can easily take 90% of those jobs.
Those are THE HARDEST jobs for robots. Unpredictable and non-repetitive.
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YOU are the one asking for socialism. Socialism is when the government runs companies and provides services to people. I am NOT saying the government should own anything or run any business or provide any services. Mass unemployment and lack of job security, which is what you're advocating, is how a country ends up adopting actual socialism. Where did I say the government should own any industry or companies?
That's a lot of GDP (Score:2)
For reference, relative to GDP:
$450B in S.Korea = 30% of $1.5T GDP
$6T in Unites States = 30% of $19.5T GDP
Re: That's a lot of GDP (Score:2)
It is being spent over a decade so you have to multiply their GDP by 10 or more when you account for the GDP growing over time.
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Mr. President, we must not allow a mine-shaft gap! [source [youtube.com]]