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S.Korea unveils $590 bn chip investment plan for new fabs, packaging SK Hynix's Icheon Campus in Gyeonggi Province (Courtesy of SK Hynix) South Korea on Monday unveiled a 911 trillion won ($591 billion) semiconductor investment plan spanning new memory fabs in the southwest, an advanced packaging cluster in the Chungcheong region and a supply chain hub in the so

Samsung Electronics chairman Lee Jae-yong said Gwangju is being considered as a candidate site for Samsung's next semiconductor complex, lending corporate backing to South Korea's plan to build a second chip production base in Gwangju and the broader Jeolla region in the country's southwest.

FUNDING & BUSINESS south korea semiconductors government investment Korean President and Samsung Discuss Chip Cluster 3 sources | June 25, 2026 6.2 Relevance Score Photo: newsimg.koreatimes.co.kr · rights & takedowns QUICK SUMMARY Hide President Lee Jae Myung met with Samsung Electronics Co. Chairman Lee Jae-yong on Thursday to discuss plans for regional semiconductor investments in the southern