Samsung and SK Group reportedly plan $1.3 trillion semiconductor investment over 10 years in South Korea
Summary
South Korea's Samsung Group and SK Group are reportedly planning to announce up to 2,000 trillion won ($1.3 trillion) in investments over the next decade as part of President Lee Jae Myung's flagship industrial strategy. The two conglomerates are expected to build four to five semiconductor fabrication plants each in the Gwangju area, according to a Korea Economic Daily report citing unnamed sources.
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bskySamsung and SK Group reportedly plan $1.3 trillion semiconductor investment over 10 years in South Koreacheapjordanshoeswholesale.usKey quotes
· 3 pulledSouth Korea's Samsung Group and SK Group are poised to announce as much as 2,000 trillion won ($1.3 trillion) of investments over the next decade as part of President Lee Jae Myung's flagship industrial strategy
The two groups are expected to unveil the package when their leaders present the plans at the presidential office on Monday
Samsung Electronics Co. and SK Hynix Inc. are each expected to build four to five semiconductor fabs in the Gwangju area
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