Despite the Market's Slowdown

Samsung Electronics invested more than 29 trillion won in semiconductor facilities in the first three quarters of this year.

Samsung Electronics invested more than 29 trillion won in semiconductor facilities in the first three quarters of this year, amid a slowdown of the semiconductor market.

The company executed 32,963.2 billion won in facility investment in the January-September period of 2022, according to its quarterly report released on Nov. 14. Of the total, 29,102.1 trillion won or 88 percent was invested in semiconductor facilities.

Samsung's facility investment during the same period of last year reached 33,492.6 billion won, with 89.5 percent of the total or 29.99 trillion won invested in semiconductor facilities.

Meanwhile, according to Eugene Investment & Securities and IDC, a market research firm, Samsung's DRAM sales contracted by 33.7 percent from US$11,121 million in the second quarter to US$7,371 million in the third quarter. The company's share of the global DRAM market in terms of sales revenue also fell by 2.7 percentage points from 43.7 percent in the second quarter to 41 percent in the third quarter. This is the lowest in eight years since the third quarter of 2014.

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