Samsung Electronics to build five new chip plants in South Korea for over $200 bn in the next 20 years

Good news!

However, this is too close to the Chinese border and it is like putting all eggs in one basket instead of geographically distributing the five new plants.

"Samsung Electronics said on Wednesday [3/15/2023] that it will build five new domestic semiconductor plants in what the government said was a 300 trillion won ($230 billion) investment over the next approximately 20 years, part of the global race to secure supply chains in the chip industry. ..."

Samsung Electronics to build five new chip plants in South Korea - Nikkei Asia Government says $230bn plan to strengthen semiconductor supply chains