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TAP TIMES -17- JANUARY 2022

The BIG Boom! (from 16)

ding business operations since. The com-
pany since its founding added electronics
to its roster, which also includes the sec-
ond largest shipbuilder in the world in the
1960s.

Big, numerous and powerful
In Korean hanja the words,“Samsung,”
according writings from the company’s
founder, mean three stars: “big, numerous
and powerful.” Samsung’s “Smart City” in Gumi, Korea was one of 174
such cities in 80 countries in 2020. The Smart City con-
cept ranks how smart cities are, based on various dimen-
Samsung’s shrewd and extensive inter- sions: human capital, governance, urban planning, mo-
bility and transportation, technology, environment and
national marketing have made its brand others. (Samsung)
name as familiar as competitor Intel’s.
The company has been pouring money

The Korean giant also operates what is slowly but relentlessly to beef up its Pe-
generally considered to be the world’s ongtaek campus, while it extends its reach
largest fab at Peongtaek, Korea. This is outside South Korea. For example, in July
Samsung’s crown jewel. Peongtaek has 2017, the company announced it would
been called the company’s production line spend some $13.5 billion (14.4T won)
for next-generation semiconductors. next page

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