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Samsung Said to Invest KRW1,000T in S Korea, KRW300T Earmarked for Chip Plant Construction
2026-06-26 08:46:42 South Korean President Lee Jae Myung met with Samsung Electronics Chairman Lee Jae-yong at the presidential office Cheong Wa Dae yesterday (25th) to exchange views on semiconductor industry investment, foreign media reported. Samsung is expected to announce next Monday (29th) that it will invest KRW1,000 trillion (approximately USD647.53 billion) in South Korea over the next 10 years, including a possible investment of KRW300 trillion to build chip manufacturing plants in the country. ~ AASTOCKS Financial News Website: www.aastocks.com | |