Sejong City secures landmark W8tr investment from Samsung

SEJONG -- Sejong Special Self-Governing City has achieved its largest-ever single investment deal since its establishment, securing 8 trillion won ($5.2 billion) from Samsung Electro-Mechanics to build a cutting-edge semiconductor package substrate production line, city officials said Thursday.

The agreement was signed at Samsung Display’s second campus in Asan, South Chungcheong Province, with new Sejong Mayor Cho Sang-ho, regional governors and executives from Samsung, SK Hynix, and Celltrion ...