Samsung Group May Invest KRW 1,000 Trillion in South Korea Over Next Decade
Media reports suggest Samsung Group could invest KRW 1,000 trillion in South Korea over the next 10 years, including KRW 300 trillion from Samsung Electronics for new chip factories.
According to media reports, Samsung Group is considering a massive investment of KRW 1,000 trillion in South Korea over the next ten years. The potential spending plan underscores the conglomerate's long-term commitment to expanding its domestic operations.
Samsung Electronics, the group's flagship unit, may allocate KRW 300 trillion of that total specifically to build new semiconductor fabrication facilities in South Korea. The chipmaker's investment would aim to strengthen the country's position in the global semiconductor supply chain.
Source: First Squawk