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TAP TIMES -15- JANUARY 2022

The BIG Boom! (from 14)

Currently, according to its website, Sam-
sung operates semiconductor fabs in
Gihueng, Hwaseong, Onyang and Py-
eongtaek in Korea. The company also fab-
ricates memory in Suzhou and Xi’an, China
and in Austin, Texas.

The largest elephant in the room
Samsung is not just the largest elephant
in the room where semiconductor memory
is concerned, it is the largest elephant Samsung headquarters in Suwan, Korea, about 13 miles
south of the capital Seoul. The company is not only Ko-
among Korea’s largest elephants in semi- rea’s largest, it ranks near the top internationally. (Sam-
conductors and in many consumer end- sung)
markets. reports Market Value. Samsung is also the

largest chaebol in Korea. This giant was
It is the largest Korean company by most fi rst among chaebols, according to Korea’s
metrics, with a workforce of 287,000 in Fair Trade Commission in 2020, followed
2019. In September 2021, it had a market by Hyundai Motors, then the SK Group,
cap of $444.46 billion, and a market value owner of SK hynix.
of $501.16 billion as of January 1, 2021, next page