Shenzhen TechFlow News, June 26, according to South Korea’s ‘Maeil Economy’ report, Samsung Group will announce a 1000 trillion won (approximately $650 billion) investment plan in high-tech industries at the Blue House on the 29th. This is the largest investment amount announced by a Korean company, equivalent to half of South Korea’s GDP.
South Korean President Lee Jae-myung will host a national briefing session at the Blue House on the 29th. CEOs of major Korean companies will attend the briefing session to announce their investment plans in high-tech industries to be advanced in non-capital areas. Samsung’s proposed 1000 trillion won-level investment plan is a blueprint consolidating investment plans across major business sectors, including semiconductors, AI data centers, secondary batteries, and displays, over the next decade.
It is reported that Samsung Electronics Chairman Lee Jae-yong conveyed the investment plan during a meeting with Lee Jae-myung at the Blue House on the 25th. Samsung is considering investing approximately 300 trillion won to build a semiconductor factory in the Gwangju-Jeonnam region, in line with the government’s policy to establish a second semiconductor cluster in the southwestern region.
