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Samsung, SK Hynix to build new chip cluster outside Seoul in $500 bn projects President Lee Jae Myung (center), Samsung Electronics Chairman Lee Jae-yong (right) and SK Group Chairman Chey Tae-won join hands at a public briefing on South Korea’s three mega projects at the Blue House on June 29, 2026 (Pool photo) Samsung Electronics Co. and SK Hynix Inc. plan to inv

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

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News / Reuters / Korea taps Samsung, SK Hynix in $576 billion AI-chip drive to cement global leadership Korea taps Samsung, SK Hynix in $576 billion AI-chip drive to cement global leadership Refinitiv Sign up to read this news Join for free Compare charts Analyze on Supercharts Latest news ReutersRefinitiv India's June fuel consumption slips 3.7% from previous month ReutersRefinitiv HSBC

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Korea taps Samsung, SK Hynix in $576 billion AI-chip drive to cement global leadership Joyce Lee, Hyunjoo Jin and Heekyong Yang June 28, 2026 4 min read 005930.KS -8.73% 000660.KS -9.01% By Joyce Lee, Hyunjoo Jin and Heekyong Yang SEOUL, June 29 (Reuters) - South Korea on Monday laid out a sweeping industrial strategy centred on semiconductors and artificial intelligence, as President Lee Jae My

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The government of South Korea has held discussions with Samsung and SK Hynix regarding future chip investments in the country. Per a report from Reuters, the planned investments relate to semiconductor production facilities, with a government official adding that an announcement about a new chip cluster would be made soon. – Getty Images In comments reported by Reuters, presidential policy advi

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South Korea's government discussing major new chip investments with Samsung, SK Hynix Reuters Tue, June 23, 2026 at 6:30 PM PDT 1 min read 000660.KS +0.98% 005930.KS +9.84% SEOUL, June 24 (Reuters) - South Korea's government is in talks with ‌Samsung Electronics and SK ‌Hynix over plans for the next phase of ​large-scale investments in semiconductor production facilities, an official said on Wedn

Government push for regional growth fuels speculation over chip giants' investments in Honam Samsung Electronics logo (left) and SK hynix logo (Yonhap) Samsung Electronics and SK hynix are being floated as possible investors in new semiconductor facilities in Korea's southwest, fueling hopes that the Honam region could host its first major chip production base, even as both companies say no such