HWASEONG, Gyeonggi Province Hwaseong City lies at the heart of South Korea's chip industry cluster in the southern part of Gyeonggi Province, which anticipates a total of 622 trillion won ($462.1 billion) in spending by 2047 and 3 million new jobs. With a large capital commitment constantly drawing young voters to the chip cluster in the south of Seoul, the number of constituencies in five such cities Hwas.
Samsung Electronics plans to borrow 20 trillion won ($15.78 billion) from its display unit to secure working capital as the tech giant seeks to maintain a similar level of investment as last year, despite the sharp industry downturn to continue into the year. In a regulatory filing on Tuesday, Samsung said it will be borrowing funds from Samsung Display at an interest rate of 4.6 percent, with the loan to mature on A.
Will OpenAI, Korean chipmakers team up to take on Nvidia? Asia News Network (ANN) is the leading regional alliance of news titles striving to bring the region closer, through an active sharing of editorial content on happenings in the region.
Sam Altman, the chief executive officer of OpenAI, visited Seoul last week to hold a series of meetings with top executives of Samsung Electronics and SK hynix, the world’s top two memory chipmakers, fueling speculation that the “father of ChatGPT” is in search of allies to take on Nvidia, the unrivaled market leader in chips for artificial intelligence. For Samsung and SK, being part of a possible .
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