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Follow up: Samsung Electronic's Chairman Jay Lee Announces Forward Investment Plans: Plans Gwangju as chip production base; Current capacity insufficient to meet demand - 'National Report Meeting on Korea’s Great Leap Forward Three Mega-Projects'

Samsung is mulling Gwangju, South Korea, for investment site - - Plans HBM fabrication plant in Chungcheong - - Robot investment to be in Gumi, North Gyenogsang, South Korea - - Plan battery investment in Ulsan, substrates in Busan - - To focus bio investment in Incheon, South Korea - - **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]

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06:13:10 AM UTC
SQUAWKNEWS
SK Group to spend ~KRW1,000T on AI data centers - SK to invest KRW1,000T in AI data centers, KRW1,100T in chip 'National Report Meeting on Korea’s Great Leap Forward Three Mega-Projects' **Reminder 23rd June: 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] **Reminder on 11/16/25: 000660.KR Plans to invest KRW128T (~$87B) into domestic investment through 2028; plans to build 4 large-scale chip fabrication plants at main Yongin chip cluster; Investments could rise to ~KRW600T for the Yongin chip compound alone.

Samsung is mulling Gwangju, South Korea, for investment site - - Plans HBM fabrication plant in Chungcheong - - Robot investment to be in Gumi, North Gyenogsang, South Korea - - Plan battery investment in Ulsan, substrates in Busan - - To focus bio investment in Incheon, South Korea - - **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]