When Chinese leader Xi Jinping, US president Joe Biden and Ursula von der Leyen, president of the European Commission, each set out plans to spend billions to reduce dependence on foreign-made computer chips, the global supply chain looked set to be reshaped.
But analysts and Samsung, the world’s biggest producer of memory chips, do not expect the South Korean group to be supplanted any time soon.
“For the foreseeable future?I believe we can maintain our market share, if not increase it,” a senior Samsung executive told the Financial Times at a factory south of Seoul.
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