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Yoon throws full weight behind W622tr chip cluster plan

President Yoon Suk Yeol said on Monday that the semiconductor chip cluster in southern Gyeonggi Province will draw combined investments of 622 trillion won ($471.4 billion) for facilities and create 3 million jobs. With the investments, South Korea plans to double the number of chip-producing plants across southern Gyeonggi Province to 37. The investments came along with South Korea‘s plan to consolidate chip p...
Kyonggi Do South Korea Soult Ukpyolsi Cheju Do Yoon Suk Yeol Samsung Electronics

S. Korea unveils plan to build 'semiconductor mega cluster' by 2047

South Korea on Monday unveiled its plan to establish what it calls a "semiconductor mega cluster" in southern Seoul by 2047 by promoting a total investment of 622 trillion won ($472 billion) with Samsung Electronics Co. and SK hynix Inc. The envisioned cluster, which includes various industrial zones throughout southern Gyeonggi Province, will boast a total area of 21 million square meters and post a monthl...
Kyonggi Do South Korea Soult Ukpyolsi Cheju Do Ahn Duk Geun Samsung Electronics Co

Korea unveils plan to build $472 bil. mega chip cluster in Gyeonggi Province

Korea will build the worlds biggest semiconductor cluster in Gyeonggi Province by 2047 as Samsung Electronics, SK hynix and other chip companies plan to invest a total of 622 trillion won ($472 billion) to build 16 new fabs, creating more than 3 million jobs, according to the Ministry of Trade, Industry and Energy, Monday.
Kyonggi Do South Korea Taejon Gwangyoksi Cheju Do Kyongsang Bukto Yoon Suk Yeol

New chip cluster to attract W622tr investment, create 3m jobs: Yoon

President Yoon Suk Yeol said on Monday that the semiconductor chip cluster in southern Gyeonggi Province will draw combined investments of 622 trillion won ($471.4 billion) for facilities and create 3 million jobs in the next two decades. With the investments, South Korea plans to double the number of chip-producing plants across southern Gyeonggi Province to 37. The investments came along with South Korea's pla...
Kyonggi Do South Korea Soult Ukpyolsi Cheju Do Yoon Suk Yeol Sungkyunkwan University

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