Samsung Announces Investment Plan Worth Nearly 2.66 Quadrillion Won in AI, Chips
ONP Summary
President Lee Jae-myung unveiled a government and private sector investment drive targeting semiconductor manufacturing and artificial intelligence infrastructure, with Samsung and SK Hynix committing to build new production facilities in regions outside Seoul. The program aims to establish South Korea's technological leadership in chips and AI while redistributing economic development to address disparities between the capital and other regions.
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[Economy] :
Samsung Group has announced a domestic investment plan worth nearly two-point-66 quadrillion won, or around one-point-seven trillion U.S. dollars, to secure its future growth engine in artificial intelligence(AI).
Under the plan released on Monday in line with a government briefing on major projects for ...
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