Jakarta, INTI - Samsung Group will reportedly announce a massive long-term investment plan next week. CNA reported that the tech company is preparing an investment of KRW 1,000 trillion (approximately Rp11,600 trillion) over the next decade in South Korea.
According to a report in the Maeil Business newspaper, approximately 300 trillion won will be allocated specifically to build new chip factories in the southwestern region of South Korea.
The investment plan, which also includes the construction of artificial intelligence (AI) data centers, batteries, and display technology, is scheduled to be officially announced during a meeting between Samsung management and South Korean President Lee Jae Myung at the presidential office.
The meeting will reportedly also be attended by top executives from other tech giants, including Samsung's main rival in the chip sector, SK Hynix. It is reported the meeting will happen on Monday, June 29, 2026.
South Korea’s Rapid AI Trend
This move is designed to capitalize on the AI craze in South Korea to drive national growth. In addition to generating new jobs and innovation centers, the project also aims to develop AI infrastructure outside Seoul. The majority of semiconductor production facilities have been concentrated around the capital city.
Several regions are aggressively promoting their territories to attract Samsung and SK Hynix. Various development proposals have been put forward, ranging from a 500 trillion won chip complex in the southwest to the expansion of technology industrial clusters in the Gyeonggi, Chungcheong, and Gangwon regions.
Conclusion
Samsung is reportedly set to announce a 1,000 trillion won (approximately Rp11,600 trillion) long-term investment over 10 years in South Korea. Of the total investment, approximately 300 trillion won will be used to build a new chip factory in southwestern South Korea. The investment plan also includes development of AI data centers and batteries. The investment aims to strengthen the national AI infrastructure, boost economic growth, create jobs, and expand the technology industry beyond the capital Seoul.
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