According to a municipal statement, Samsung Electronics of South Korea would spend roughly 40 billion yen ($280 million) over five years in a center for advanced chip packaging research in Japan.
According to Reuters, Samsung is considering creating a packaging plant in Kanagawa prefecture, where it already has a research and development center, to strengthen relations with Japanese manufacturers of chipmaking equipment and materials.
The investment comes at a time when tensions between South Korea and Japan are lessening, as the US pushes allies to collaborate to fight China’s expanding technical superiority.
Companies are competing to create new packaging methods that combine components in a single package to increase overall chip performance.
The Japanese facility will enable Samsung to improve its semiconductor leadership and collaborate with packaging-related firms situated in Yokohama, according to the city’s statement.
For the third quarter of 2023, Samsung presently has a market share of 24.22%. With a market share differential of 4.17%, the brand finished in second behind Apple. Since the third quarter of 2021, the two smartphone makers have been vying for the top place.
In the third quarter of 2023, Samsung smartphones had a market share of 24.22%, behind only Apple’s iPhones. Apple came in first place with a market share of 28.39%. This was not always the case, as the Samsung Galaxy market share has dominated for many years. Apple, on the other hand, took the lead for the first time in Q4 2021 and Q1 2022 and has since contended with Samsung for the top slot.
In the third quarter of 2022, Samsung Electronics, a Samsung subsidiary that makes consumer electronics, produced revenue of 76.78 trillion KRW, or nearly 58 billion USD. Along with Apple, it is regarded as one of the largest manufacturers.
In the fourth quarter of 2021, Samsung Electronics’ mobile communications division, which includes the Android phones and wearable product lines, contributed to 23.30 billion USD of the company’s total sales, a rise of 0.4 billion USD over the previous quarter.
In India, Samsung has 1,700 brand outlets. He would not specify the amount of investment required to establish the businesses, but he did say that franchisee owners will engage field professionals such as gaming specialists, chefs, photographers, and so on at each location.
Samsung has developed game-changing items in the Indian market across product segments, focusing on three pillars Creative Solutions, New Technologies, and Innovative items.
