SoftBank commits $40 billion to second Vision Fund

SoftBank’s second fund has already secured funding from Standard Chartered Plc and Goldman Sachs Group Inc. According to a report from the Wall Street Journal, Japan’s SoftBank Group Corp will invest $40 billion in its second Vision Fund. SoftBank’s board will meet on Thursday to approve the commitment. SoftBank’s first, $100 billion Vision Fund was…

Samsung Electronics to invest 113 trillion won in logic chips upto 2030

Samsung Electronics will investment 11 trillion won annually upto 2030, so as to become the world no.1 in logic chips. On Wednesday, Samsung Electronics stated it would be sinking in $9.57 billion (11 trillion won) annual through 2030 in its logic chip businesses, including its foundry business. The investment by Samsung Electronics, the world leader…