TechFlow News, June 26: According to Korea’s Maeil Business Newspaper, Samsung Group will unveil a KRW 1,000 trillion (approximately USD 650 billion) investment plan for cutting-edge industries at the Blue House on June 29. This is the largest investment amount ever announced by a Korean company—equivalent to roughly half of South Korea’s GDP.
South Korean President Lee Chang-min will host a national briefing at the Blue House on June 29. CEOs of major Korean companies will attend the briefing and announce their respective investment plans for cutting-edge industries in non-metropolitan regions. Samsung’s proposed KRW 1,000 trillion investment plan consolidates its investment roadmaps across core business areas—including semiconductors, AI data centers, secondary batteries, and displays—over the next decade or more.
It is reported that Samsung Electronics Chairman Lee Jae-yong conveyed this investment plan to President Lee Chang-min during a meeting at the Blue House on June 25. Aligning with the government’s policy to build a second semiconductor cluster in the southwestern region, Samsung is considering investing approximately KRW 300 trillion in semiconductor fabrication facilities in the Gwangju–South Jeolla Province area.
