Although Samsung abandoned plans to create its own mobile processor cores, it did not abandon the idea of becoming the world's largest chip maker by 2030 and did not reduce research and development spending. In contrast, the tech giant spent enough on semiconductor research and development last year to secure second place, according to new reports from South Korea. The first place has been held by the processor giant Intel for a long time.
According to The Korea Herald website, Samsung spent 5,6 billion dollars (roughly 120,7 billion crowns) on research and development of logic chips and related technologies. Year-over-year, its spending in this field increased by 19%, with a large part of the resources going to the development of new production processes (including the 5nm process).
Samsung surpassed only Intel, which spent 12,9 billion dollars (approximately 278 billion crowns) on chip research and development, which was 2019% less than in 4. Even so, its spending accounted for nearly a fifth of all spending in the industry.
While Intel spent less year-over-year, most other semiconductor makers increased R&D spending. According to the site, the top ten players in the field increased their "research and development" spending by 11% year over year. In other words, Samsung isn't the only semiconductor giant that poured more money into chipmaking last year, and the competition in this field seems to beiosit's throbbing.
Analysts cited by the website expect total spending on chip-related research and development to reach approximately $71,4 billion this year (about 1,5 trillion crowns), which would be roughly 5% more than last year.
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