Follow up: Announces forward investment plans: Plans Gwangju as chip production base - 'National Report Meeting on Korea’s Great Leap Forwar
South Korea plans Gwangju as chip production base
**Reminder earlier: *(KR) South Korea's President Lee: Today's announcement is historical achievement; There's massive competition in chips, AI sectors - 'National Report Meeting on Korea’s Great Leap Forward Three Mega-Projects' **Reminder 26th June: 005930.KR Samsung Group said to invest KRW1,000T (~$647B) over next 10 years in South Korea (slight pick up in pace over prior 5-year plan of $309B) **Reminder 23rd June: 000660.KR (KR) Follow up: South Korea govt in discussions with Hynix and Samsung next stage investments and locations - Presidential Policy Chief Kim [the co's domestic investment plan is expected to be disclosed on Thurs]