Yonhap News7/2/2026BusinessSouth Korea
Samsung, SK hynix to Invest $252.5B in Chungcheong for AI Growth
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Samsung Electronics and SK hynix will invest a combined 392 trillion won ($252.5 billion) in South Korea's Chungcheong region to build AI-focused facilities, including HBM and NAND flash fabs, as part of the government's strategy to boost AI-led growth and establish the area as a global IT hub.
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Samsung Electronics and SK hynix will invest a combined 392 trillion won ($252.5 billion) in South Korea's Chungcheong region to build AI-focused facilities, including HBM and NAND flash fabs, as part of the government's strategy to boost AI-led growth and establish the area as a global IT hub.
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This article was originally published by Yonhap News.
