en.Wedoany.com Reported - Samsung Electronics plans to invest 100 trillion won (approximately $646 billion) in South Korea over the next decade, covering areas such as chips, AI data centers, batteries, and displays. South Korea's Maeil Business Newspaper disclosed that the plan was officially announced on June 29, with executives from Samsung and another South Korean giant, SK Hynix, attending a briefing with President Lee Jae-myung. The briefing outlined three "mega projects" to drive South Korea's development. The two companies will unveil investment plans and promote growth outside the capital, Seoul. SK Hynix earlier this week announced plans for an initial public offering (IPO) in the United States, but its investment figures were not disclosed.

Samsung has apparently set aside 100 trillion won for AI data centers, batteries, and displays as an initial investment. The company may also add an additional 300 trillion won to build a chip factory in southwestern South Korea. According to a Reuters report, Kim Yong-beom, South Korea's presidential policy chief, revealed in a government interview broadcast via YouTube that the event will focus on key areas such as semiconductors, AI data centers, and physical AI. Kim has urged major South Korean companies like Samsung and SK Hynix to accelerate projects originally planned for the 2040s to the 2030s, as demand for memory chips and storage has accelerated.

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