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For comparison, South Korea government's budget (that was just approved a few months ago) was $498.89 billion USD. https://www.reuters.com/article/southkorea-ec
by throwoutway 4y ago
For comparison, South Korea government's budget (that was just approved a few months ago) was $498.89 billion USD. https://www.reuters.com/article/southkorea-economy-budget/south-koreas-parliament-passes-2023-budget-bill-idUSL4N33D2J0 https://www.reuters.com/article/southkorea-economy-budget/so...
- idoubtit 4y agoThis 230 b$ announcement is private funding over 20 years. For a fair comparison, South Korea government's budget is around 500 b$ per year, and this chip center will be funded by circa 10 b$ per year from Samsung (with commodities and tax exemptions granted by the government).