Samsung is going big, not home, in advanced chips

2 min read . Updated: 05 Oct 2022, 06:30 PM IST JACKY WONG, The Wall Street Journal

South Korean company’s ambitious investments in its foundry business and increasing politicization of the chip sector will be tailwinds over the long run

So far, 2022 has largely left a bad taste in the mouth for chip stock investors. Nonetheless, South Korea’s chip juggernaut Samsung Electronics is looking through the tough times: ambitious investments in its foundry business and the increasing politicization of the chip business will be tailwinds over the long run.