Samsung chief: AI success depends on Chungcheong's materials and components
Translated from Korean, summarized and contextualized by DistantNews.
At a glance
- Samsung Electronics Chairman Lee Jae-yong stated that the success of the AI era hinges on materials and components, emphasizing the Chungcheong region's potential.
- He announced plans to develop the Chungcheong region into a hub for semiconductor materials and components, highlighting Samsung's investment history in the area.
- The government plans to invest 156 trillion won to establish the Chungcheong region as a semiconductor packaging hub, with Samsung and SK Hynix expanding facilities.
Samsung Electronics Chairman Lee Jae-yong declared that the future success in the artificial intelligence era depends critically on the advancement of materials and components. Speaking at a national report on the development vision for advanced industries in the Chungcheong region, held in Asan, South Chungcheong Province, Lee highlighted the region's strategic importance for the semiconductor industry.
The success of the AI era hinges on materials and components.
Lee announced Samsung's commitment to fostering the Chungcheong region as a core base for semiconductor materials and components. He pointed to Samsung's long history of investment in the area, recalling how Asan transformed from vineyards into the world's largest display cluster. He also noted the evolution of the Onyang campus from general-purpose semiconductor back-end processes to a global hub for high-bandwidth memory (HBM) fabrication. Similarly, the Samsung Electro-Mechanics Sejong campus has progressed from undeveloped land to producing cutting-edge packaging substrates for AI servers.
Proactive investment leads to corporate growth, and that growth leads to regional and national development in a virtuous cycle.
"The world economic landscape is shaking during this decisive time," Lee stated, emphasizing Samsung's dedication to achieving a "great leap forward as a super-gap industrial powerhouse." His remarks underscored the company's proactive investment strategy, which he believes drives corporate growth and, consequently, contributes to regional and national development in a virtuous cycle.
Now is a time of decisive competition where the global economic landscape is shaking.
This initiative aligns with the government's broader strategy. Following a previous report on major national projects, the government has outlined plans to invest 156 trillion won to establish the Chungcheong region as a leading semiconductor packaging hub. Samsung Electronics plans to construct HBM fabs in Onyang and Cheonan, while SK Hynix will expand its NAND flash production facilities in Cheongju. This coordinated effort aims to solidify South Korea's position in the global semiconductor market, particularly in advanced AI-related technologies.
We will do our utmost to achieve a great leap forward as a super-gap industrial powerhouse.
Originally published by Hankyoreh in Korean. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.