Samsung weighs W1,000tr chip, AI push beyond Seoul

Samsung Group is reportedly drawing up a long-term investment plan worth as much as 1,000 trillion won ($646 billion), as Korea seeks to turn its semiconductor and AI ambitions into a broader regional growth strategy.

The plan, according to a local media report Friday, was discussed during a dinner meeting between President Lee Jae Myung and Samsung Electronics Chairman Lee Jae-yong at Cheong Wa Dae on Thursday.

It is said to cover semiconductors, artificial intelligence, next-generation batteri ...