Samsung Group is set to announce a massive long-term investment plan spanning chips, AI data centres, batteries and displays.
Samsung Group is expected to announce plans to invest 1,000 trillion won ($648 billion) in South Korea over the next decade, aiming to strengthen the country’s semiconductor and AI ecosystem, Reuters reported, citing local media.
According to Reuters, The investment is expected to cover semiconductors, AI data centers, batteries and displays. The reported plan also includes a possible 300 trillion won push to build chip manufacturing facilities in South Korea’s southwest region.
Top executives from Samsung Electronics and SK Hynix are expected to present the investment roadmap at a meeting with President Lee Jae Myung on Monday.
The move comes as South Korea looks to convert rising global AI-driven chip demand into broader economic growth beyond Seoul. Industry experts say expanding semiconductor manufacturing outside the capital region could help ease infrastructure pressure and support regional development.
However, concerns remain over labour shortages, infrastructure constraints and the availability of skilled workers in newer manufacturing hubs.
“Securing skilled workers will be extremely difficult in the southwest, and that will determine whether the project succeeds or fails,” said Kim Tae-yun, professor of administration at Hanyang University.
