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This Asia tech industry summary will mainly focus on Samsung Electronics unveiling a KRW450 trillion (US$359.84 billion) investment plan for its semiconductor and biotechnology businesses; China-based smartphone makers Huawei, Xiaomi, Oppo, and Vivo deepening their metaverse deployments; and South Korea-based Samsung SDI, LG Energy Solution (LGES), and SK On actively exploring partnerships with automakers to build bigger presence in the North American automotive battery market.
Table of contents
Samsung to invest KRW450 trillion in chip and bio sectors over next five years
Chart 1: Key focus of Samsung's five-year investment project
Table 2: Metaverse deployment strategies of China smartphone makers
South Korea battery makers eyeing bigger presence in North America
Table 3: US deployments of South Korea EV battery makers, 2021-2022
Price: NT$8,400 (approx. US$300)
