On June 29, 2026, Samsung made an official announcement regarding a colossal investment plan amounting to 2,655 trillion won (equivalent to approximately RMB 11.68 trillion). A substantial portion of this investment, specifically 2,030 trillion won, will be earmarked for the development of semiconductor industry clusters in Yongin and Pyeongtaek, South Korea. This move follows a prior revelation by South Korea that Samsung Group and SK Hynix are set to jointly unveil an investment plan worth 2,000 trillion won (around RMB 8.8 trillion) over the forthcoming decade. This joint investment will predominantly focus on the semiconductor sector, AI computing data centers, and tangible AI applications.
