TOKYO/SEOUL, Dec 21 (Reuters): South Korea's Samsung Electronics will invest around 40 billion yen ($280 million) over five years in a facility for research into advanced chip packaging it will set up in Japan, according to an announcement by the city of Yokohama.
Reuters reported in March that Samsung was looking at establishing a packaging facility in Kanagawa prefecture, where it already has a research and development centre, to deepen ties with Japanese makers of chipmaking equipment and materials.
Japan's industry ministry said it would provide Samsung subsidies worth up to 20 billion yen as it looks to support the revitalisation of domestic chip manufacturing.
Samsung's investment comes at a time of easing tensions between South Korea and Japan.
Samsung to set up chip packaging research facility in Japan
FE Team | Published: December 22, 2023 00:33:02
Samsung to set up chip packaging research facility in Japan
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