South Korea to Invest 30 Trillion KRW in Chips Over 15 Years
2026-06-29 13:24

Woofun AI reports that the South Korean government has announced plans to construct four semiconductor facilities in the southwest region, with an investment of approximately 800 trillion KRW. Samsung Electronics and SK Hynix will each establish two new plants as part of this initiative. The state expects to invest a minimum of 30 trillion KRW in the chip sector over the next 15 years, targeting next-generation memory, edge AI, and national defense applications.

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