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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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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