During ISE we dedicated one of the comments in the Daily@ISE to the problem of the shortage of raw materials and components that were triggered by the pandemic and that is struggling to be absorbed, not least because of more recent events such as the ongoing war. Like a flywheel that has started up, today it is more difficult to govern it and bring it back onto acceptable tracks: as many manufacturers told us, both Italian and foreign because it is a problem we all have in common, product availability is now a major discriminator in the presentation of projects.
So much so that even the giants are moving to breathe new life into component production, effectively taking on part of the problem. Samsung has announced that it will invest $356 billion over the next five years to accelerate growth in the semiconductor sector and other technological areas. The company said that investments through to 2026 are expected to drive Samsung’s growth in areas including the chip sector and biopharmaceutical sector, with plans for up to 80% of investment to be used in South Korea.
The investment is also expected to create 1.07 million jobs and marks a 30% increase over Samsung’s previous investment in the five years leading up to 2021.
It will remain to see whether the smaller manufacturers will be able to keep up, winning their share of materials, and thus ensuring the plurality of solutions on the market.
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