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Samsung will invest 100 billion! Due to competition from China

by ace

Although Samsung is the largest smartphone manufacturer in the world, the truth is that you have to be very attentive to what is going on around you … Otherwise, you will quickly lose this place! After all, several projections indicated a Huawei in first position in 2019, if Donald Trump had not ruined the Chinese giant by removing Google services and applications from the table.

That said, even with the difficulties put in the way of Huawei, the Chinese smartphone market remains a real headache for the South Korean giant. All thanks to offers of similar quality but lower price from manufacturers like Huawei, Xiaomi, Oppo, etc…

Samsung was planning to bet strong and ugly on the Chinese market in 2020! But the Coronavirus seems to have ruined those plans

New IA, Samsung

Still, Samsung cannot wait to see what can happen in the coming months! So it will invest about $ 100 billion in its chip-making business. At the same time, it also invests another 10 billion in Quantom Dot screen technology. An effort to recover some of the money that will certainly be lost in the smartphone market in the near future.

After all, demand in the chip market remains strong, even taking into account all the problems that the COVID-19 gave rise to.

“High technology is going to be more important in the chip production market. In this sense, Samsung has never been behind anyone in this market. In fact, several customers are preferring our production lines. That said, our plan is to invest even more, to ensure dominance in this space for the next generation.

We expect an uncertain market due to COVID-19 and the trade war between the United States and China. Therefore, we will pursue all business opportunities by investing in AI chips, foldable smartphones, as well as SoC and QD screens. ”

Furthermore, what do you think about all this? Share your opinion with us in the comments below.

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bannerebay

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