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Samsung Group detailed plans on July 2 to invest KRW140 trillion (US$90 billion) in display panels, batteries, chips, and chip materials in South Korea's central Chungcheong region.

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Samsung, SK hynix and Celltrion to invest a combined 392 trillion won in Chungcheong region The massive commitment, announced Thursday, centers on advanced industries including memory, display, substrates, batteries and biotech. News Team PUBLISHED July 2, 2026 - 2:09 p.m. MODIFIED July 2, 2026 - 4:20 p.m. From left: Samsung Electronics Executive Chairman Lee Jae-yong, President Lee Jae Myung, C

By  Jeong Du-yong Published 2026.07.02. 11:39 Kwak Noh-jung, CEO (President) of SK hynix, announces an investment plan at the National Briefing on the Development Vision for Advanced Industries in the Chungcheong Region, presided over by President Lee Jae-myung, in Asan, South Chungcheong Province, on the 2nd./Courtesy of Yonhap News SK hynix will invest 100 trillion won in the Chungcheong region

By  Hwang Min-gyu Published 2026.07.02. 11:12 Lee Jae-yong, chair of Samsung Electronics, delivers a welcome address at the national briefing on the Chungcheong advanced industry development vision presided over by President Lee Jae-myung in Asan, South Chungcheong, on the 2nd. /Courtesy of Yonhap News Samsung said on the 2nd at the Chungcheong Advanced Industry Development Vision national briefi

This will let Google show Yonhap news articles that match or are related to your search SEOUL, July 2 (Yonhap) -- An industrywide 392 trillion-won (US$252.5 billion) investment will be injected into the central Chungcheong area, including high bandwidth memory (HBM) fabs and packaging facilities by Samsung Electronics Co. and SK hynix, as part of the government's drive to spread artificial intell

This undated file photo shows SK hynix Inc.'s factory in Cheongju, 113 kilometers south of Seoul. (SK hynix Inc.) An industrywide 392 trillion-won ($252.5 billion) investment will be injected into the central Chungcheong area, including high bandwidth memory fabs and packaging facilities by Samsung Electronics Co. and SK hynix, as part of the government's drive to spread artificial intelligence-l

An artist's rendering of SK hynix's P&T7 packaging fab in Cheongju, North Chungcheong Province / Courtesy of SK hynix An industrywide 392 trillion-won ($252.5 bil.) investment will be injected into the central Chungcheong area, including high bandwidth memory (HBM) fabs and packaging facilities by Samsung Electronics and SK hynix, as part of the government's drive to spread artificial intelligenc

This will let Google show Yonhap news articles that match or are related to your search SEOUL, July 2 (Yonhap) -- An industrywide 392 trillion-won (US$252.5 billion) investment will be injected into the central Chungcheong area, including high bandwidth memory (HBM) fabs and packaging facilities by Samsung Electronics Co. and SK hynix, as part of the government's drive to spread artificial intell

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By  Lee Jong-hyun, Song Bok-gyu Published 2026.06.29. 14:53 Updated 2026.06.29. 16:12 Samsung Electronics Chairman Lee Jae-yong said on the 29th that Gwangju is being planned as a candidate site for a semiconductor production complex. Lee Jae-yong, chairman of Samsung Electronics, announces an investment plan at the National Briefing on the Three Mega Projects for Korea's Great Leap held at the

By Kim Seung-hyeon Published 2026.06.29. 12:00 Updated 2026.06.30. 13:58 The national regional economic growth rate recorded 3.8% year-on-year in the first quarter (January–March) of this year, driven by a boom in the semiconductor industry, a key sector. Chungcheongbuk-do, home to semiconductor clusters including the SK Hynix Cheongju plant, grew 13.8% year-on-year, the highest among 17 provinc

South Korea's government is in talks with Samsung Electronics and SK Hynix over a potential new phase of large-scale semiconductor investments, as the two chipmakers review plans that could include front-end fabrication plants and packaging facilities across the country's Honam and Chungcheong regions. Both companies say no final decisions have been made.

President Lee Jae Myung delivers remarks at a press conference marking the first anniversary of his inauguration. (Photo: Cheong Wa Dae) Samsung Electronics and SK hynix are being mentioned as potential investors in new semiconductor production bases in the Chungcheong and Honam regions of South Korea. The discussions align with the government's balanced regional development policy, though some