The global demand for automotive chips is increasing, but there is still a shortage of supply that cannot be resolved. Samsung aims at the long-term problem of chip shortages and announced that it will spend more than 18 billion U.S. dollars to build a new plant in its main semiconductor base in the suburbs of Seoul in order to compete for orders from TSMC. South Korea’s Samsung announced on the 13th that the new plant is expected to be put into operation in the second half of 2022, involved in the foundry of the most cutting-edge semiconductors and the production of semiconductor memory. The investment is expected to exceed 18 billion U.S. dollars. Against the background of increasing demand in a wide range of industries such as automobiles, Samsung believes that the shortage of semiconductors will be prolonged, so it has decided to initiate large-scale investments.
Service relating to Over-the-counter (OTC) Gold Bullion/Silver trading is provided by MOL. OTC Gold/Silver Bullion trading carries a high degree of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. OTC Gold/Silver Bullion is not regulated by the Securities and Futures Commission (""SFC"") and therefore trading OTC Gold/Silver Bullion will not be subject to rules or regulations promulgated by the SFC. Before deciding to trade OTC Gold/Silver Bullion you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain losses in excess of your deposited fund or even more in extreme circumstances and therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading OTC Gold/Silver Bullion, and seek advice from an independent financial advisor if you require.