Samsung to build $222 million chip development facility in Japan’s Yokohama

Samsung Electronics will reportedly build a chip development facility in Yokohama as part of a highly symbolic initiative that will spur collaboration between the Japanese and South Korean chip industries, the media reported.

According to Nikkei Asia, the new facility will cost around $222 million and will be built in Yokohama, southwest of Tokyo, where the South Korean company already has a presence.

The development hub will be a separate unit.

Although the details remain unclear, Samsung plans to construct a production line for a prototype semiconductor chip device. The company will prioritise the backend of chip production.