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South Korea Drafts 392 Trillion Won Investment Plan for Chungcheong Region, Samsung and SK Hynix Lead on July 2

2026-07-02 02:25:26

According to South Korea's Ministry of Trade, Industry and Energy, the government announced a 392 trillion won investment plan for the Chungcheong region on July 2. Samsung subsidiaries will contribute approximately 140 trillion won for HBM wafer fabs, advanced packaging, OLED production, and battery line construction. SK Hynix plans to invest 100 trillion won in NAND and advanced packaging facilities. Biopharmaceutical company Celltrion will allocate 2 trillion won for biopharmaceutical facilities, while approximately 150 trillion won will be directed to AI data centers. The government will provide financing, tax incentives, and regulatory support to ensure project implementation.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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