SEOUL -- Samsung Electronics will build a development facility in Yokohama, in a highly symbolic initiative that is expected to spur collaboration between the chip industries of Japan and South Korea, Nikkei has learned.
The new facility will cost over 30 billion yen ($222 million) and be built in Yokohama, southwest of Tokyo, home to the South Korean company's existing site, Samsung R&D Institute Japan. The development hub will be a separate unit.
