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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...
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...
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 ($473 billion) with Samsung Electronics and SK hynix.
Korea will build the world's 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.
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...