As reported by South Korean media, on June 29, South Korean President Lee Jae-myung presided over a meeting at the Blue House. The gathering was attended by Samsung Electronics Chairman Lee Jae-yong and SK Group Chairman Choi Tae-won. During the meeting, they unveiled that the two conglomerates are set to invest close to 2000 trillion won (roughly equivalent to US$1.3 trillion) in South Korea over the upcoming decade. This ambitious plan marks a departure from the traditional capital region-centric investment approach, instead opting to focus on southwestern regions, such as Jeolla Province. The strategic investment will be channeled into key sectors, including semiconductors, AI computing data centers, and embodied AI fields. Notably, both Samsung Electronics and SK Hynix have plans to construct 4-5 semiconductor front-end process wafer fabrication plants in Gwangju, with each company committing an investment of 600 trillion won.