Samsung Group detailed plans to invest 140 trillion won ($90 billion) in South Korea’s central province of Chungcheong for production of display panels, batteries, chips, and chip materials.
Investment Breakdown
Samsung Display will spend 67 trillion won in Asan and Cheonan, while Samsung Electronics will invest 56 trillion won to build packaging facilities for high-bandwidth memory chips in Onyang and Cheonan.
Samsung SDI will spend 9 trillion won by 2040 in Cheonan for production and research and development of next-generation batteries. Samsung Electro-Mechanics will invest 8 trillion won by 2040 in Sejong to produce advanced chip packaging materials for AI servers and nurture domestic talent.
Original reporting: Appleton, WI News Feed (HLL/CB) — read the source article.
