Samsung and SK plan $1.3T investment over 10 years

Samsung and SK companies in South Korea are preparing to announce investments totaling up to $1.3 trillion (2,000 trillion won) over the next decade to bolster the semiconductor and digital technology industries. These investments are expected to include the construction of 4 to 5 semiconductor factories and the expansion of chip manufacturing capacities in the Gwangju and Chungcheong regions, in order to meet the rising demand for artificial intelligence and data centers. The plan aims to maintain South Korea's technological leadership in the face of global competition.

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