President Lee: Yongin, Pyeongtaek Semiconductor Production at Limit; Honam Region Offers Potential
Translated from Korean, summarized and contextualized by DistantNews.
At a glance
- South Korean President Lee Jae-myung stated that semiconductor production in Yongin and Pyeongtaek has reached its limits.
- He highlighted that the Honam region possesses abundant land and water resources suitable for development.
- The remarks were made during a public briefing on the "3 Major Mega Projects for Korea's Great Leap Forward."
President Lee Jae-myung declared that South Korea's key semiconductor hubs in Yongin and Pyeongtaek have reached their production capacity limits. The president made these remarks during a public briefing on the "3 Major Mega Projects for Korea's Great Leap Forward" held at the Blue House guest house.
Lee emphasized that the Honam region, in contrast, offers ample land and water resources, positioning it as a prime area for future development. This statement suggests a strategic shift in focusing semiconductor and other industrial growth towards less saturated regions.
The briefing was attended by prominent figures, including Samsung Electronics Chairman Lee Jae-yong and SK Group Chairman Chey Tae-won. Their presence underscored the government's commitment to these large-scale national projects and the collaboration between the public and private sectors.
Originally published by Dong-A Ilbo in Korean. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.