Samsung Electronics announced it will set up a research and development (R&D) facility in Japan. It will be an open semiconductor R&D base that will soon rise in Yokohama.
This chip development facility project is considered a collaboration between the semiconductor companies of Japan and South Korea. According to The Korea Times, the R&D's location in the southwest of Tokyo is also home to Samsung's R&D Institute in the Japanese territory.
While they are in the same area, it was reported that Samsung's facility will be operating as a separate unit. However, not much information about the plant is available at this time.
As reported by the local Japanese media, what is certain is that the facility will be a manufacturing plant for a prototype chip device. The news just boosted South Korean President Yoon Suk Yeol's plan to hand out higher tax incentives for local semiconductor producers as stated in the new K-Chips Act.
At any rate, a Japanese paper said that Samsung Electronics' new R&D hub would generate hundreds of jobs in the country, and the target date for its completion is 2025. The operation of the center is also expected to take place in the same year, and mentioned that the Korean electronics company is also looking to make use of the available subsidies being offered by the national government for all chip investments.
Finally, Business Korea reported that Samsung Electronics is investing about 30 billion yen or around KRW300 billion for the construction of the new R&D hub in Yokohama. The main products to be manufactured here are advanced semiconductor prototypes. This is said to be the back end of chip production, where a wafer is packaged into a final product after creating the electric circuits on a wafer first.
Photo by: Babak Habibi/Unsplash


Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination
Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links
Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million
Washington Post Publisher Will Lewis Steps Down After Layoffs
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment
Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off
Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports
Ford and Geely Explore Strategic Manufacturing Partnership in Europe
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices
Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026
Hims & Hers Halts Compounded Semaglutide Pill After FDA Warning 



