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2026-06-30
www.eenewseurope.com
2026-06-30
eeNews Europe
Samsung Electronics and SK hynix are backing a new South Korea chip hub with a combined 800 trillion won investment plan aimed at expanding memory production for the AI infrastructure market. The plan, announced with President Lee Jae Myung in Seoul on 29 June, centres on four new semiconductor fabs in the country’s southwest, with each company expected to build two facilities.
2026-06-30
www.pymnts.com
2026-06-30
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2026-06-29
aibusiness.com
2026-06-29
AI Business
The move comes as part of the government’s series of megaprojects designed to secure the country’s position in the global AI landscape.
South Korea unveiled an ambitious AI infrastructure initiative, with plans to invest more than 800 trillion won ($576 billion) in semiconductor manufacturing and AI to cement the country's position in the global AI race.
The program was unveiled by President Lee
2026-06-29
uk.finance.yahoo.com
2026-06-29
Yahoo Finance UK
Why Samsung & SK Hynix are investing so much in South Korea's AI build-out
Yahoo Finance Video
29 June 2026
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Samsung (005930.KS) and SK Hynix (000660.KS) are investing $880 billion in South Korea's artificial intelligence (AI) build-out.
Yahoo Finance Technology Editor Dan Howley outlines the details.
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2026-06-29
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2026-06-29
Yahoo Finance
Why Samsung & SK Hynix are investing so much in South Korea's AI build-out
Yahoo Finance Video
June 29, 2026
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Samsung (005930.KS) and SK Hynix (000660.KS) are investing $880 billion in South Korea's artificial intelligence (AI) build-out.
Yahoo Finance Technology Editor Dan Howley outlines
2026-06-29
www.tomshardware.com
2026-06-29
Tom's Hardware
Tech Industry Manufacturing Semiconductors
South Korea unveils $520 billion investment plan with Samsung and SK Hynix to expand memory chip dominance — plan includes four new fabs and HBM facilities, amid strong government support
News
By Etiido Uko
Published June 29, 2026
Investment fund dwarfs America's $52 billion semiconductor investment CHIPS Act
(Image credit: Getty / JUNG YEON-JE)
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2026-06-29
tomshardware.com
2026-06-29
Etiido Uko
President Lee unveiled an 800 trillion won ($520B) public-private plan for four new Samsung and SK Hynix fabs, dwarfing the US CHIPS Act tenfold.
2026-06-29
pulse2.com
2026-06-29
Pulse 2.0
Samsung Electronics and SK Hynix are reportedly preparing major long-term investment plans as South Korea looks to strengthen its position in semiconductors, artificial intelligence infrastructure, and next-generation memory chips.
According to CNBC, shares of Samsung Electronics and SK Hynix fell after reports surfaced that Samsung Group and SK Group could unveil investment plans of up to 2,000
2026-06-29
qz.com
2026-06-29
qz.com
A new semiconductor manufacturing hub in southwestern South Korea is set to receive a combined 800 trillion won ($520 billion) commitment from Samsung Electronics and SK Hynix, with each chipmaker pledging to construct two fabrication plants there as memory chip demand tied to artificial intelligence continues to outpace what current facilities can supply.
South Korean President Lee Jae Myung ann
2026-06-29
www.mobileworldlive.com
2026-06-29
Mobile World Live
www.mobileworldlive.com
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2026-06-29
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2026-06-29
Bloomberg
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2026-06-29
uk.finance.yahoo.com
2026-06-29
Yahoo Finance UK
South Korea announces $1 trillion semiconductor and AI ‘megaprojects’ plan
South Korea announces $1 trillion semiconductor and AI ‘megaprojects’ plan · The Independent
Vishwam Sankaran
29 June 2026 3 min read
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South Korea has announced a $1 trillion "megaprojects" plan for the development of semiconductor manufacturing and artificial
2026-06-29
www.reuters.com
2026-06-29
Reuters
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2026-06-29
abcnews.com
2026-06-29
ABC News - Breaking News, Latest News and Videos
South Korean tech giants Samsung Electronics and SK Hynix plan to invest a combined $518 billion in a new computer chip manufacturing hub, capitalizing on surging artificial intelligence-driven demand
SEOUL, South Korea -- South Korean tech giants Samsung Electronics and SK Hynix said Monday they will invest a combined 800 trillion won ($518 billion) in building a new computer chipmaking hub in t
2026-06-29
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2026-06-29
Stocktwits
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DRAM Dips Premarket: Samsung, SK Hynix Announce $590B Expansion Push As South Korea Plans To Double DRAM Capacity
DRAM Dips Premarket: Samsung, SK Hynix Announce $590B Expansion Push As South Korea Plans To Double DRAM Capacity
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2026-06-29
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2026-06-29
Space Daily
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2026-06-29
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2026-06-29
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www.cnn.com
2026-06-29
CNN
South Korean President Lee Jae Myung, Samsung Electronics Chairman Lee Jae-yong, and SK Group Chairman Chey Tae-won announcing the government's AI investment plan in Seoul, South Korea on June 29, 2026. Kim Min-Hee/Reuters
Reuters —
South Korea rolled out sweeping chip and AI mega-projects on Monday, as President Lee Jae Myung pledged to cement overwhelming industry leadership with investments
2026-06-29
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2026-06-29
The Washington Post