South Korea Investment Drive
19 articles from 6 countries
South Korea is launching an 896 trillion won investment drive in its southwestern region, with President Lee Jae-myung emphasizing its historical significance. Meanwhile, South Korea also aims to expand investment in India, focusing on shipbuilding and defense manufacturing.
Minister praises president's bow, asks for Jeonbuk investment
- Unification Minister Jeong Dong-man praised President Lee Jae-myung's
South Korea eyes 'second wave' of investment in India
- South Korea aims to boost investment in India beyond automobiles and electronics, focusing on shipbuilding and defense manufacturing. - Ambassador Lee Seong-ho highlighted India's growing strategic …
South Korea plans $518 billion semiconductor hub
- South Korea plans to establish a major new semiconductor production hub in the southwestern region of the country. - The initiative involves private investment totaling approximately $518 billion, a…
South Korea to Invest Trillion Euros in Chip Production and AI Data Centers
- South Korea plans to invest approximately one trillion euros in new semiconductor manufacturing and AI data centers over several years. - The investment aims to bolster the nation's technological in…
South Korea to invest nearly $1.2tn in chips, AI data centres
- South Korea plans to invest nearly $1.2 trillion in a new chip-building hub and AI data centers over several years. - The investment aims to capitalize on the global AI boom and develop underserved …
South Korea to Launch Major AI and Chip Investment Drive
- South Korea plans to launch three "mega-projects" to drive economic growth, including a major semiconductor hub in the southwest. - The initiative aims to attract hundreds of billions of dollars in …
Minister praises President's '90-degree bow,' urges Jeonbuk investment
- Unification Minister Chung Dong-young praised President Lee Jae-myung's "90-degree bow" to business leaders, calling it a historic moment for South Korea. - Chung requested increased investment in t…
Lee: Honam investments are 'drop in the bucket' compared to history, region's underdevelopment is now an advantage
- President Lee Jae-myung stated that while investments in the Honam region are currently high, they are insignificant compared to historical cumulative investments. - He emphasized that the new mega …
Lee: 'Regional discrimination' claims on Honam investment ignore historical context
- South Korean President Lee Jae-myung defended a new semiconductor complex in the Honam region, stating historical investment disparities make current investments appear small. - Lee argued the proje…
South Korea Launches 896 Trillion Won Southwestern Investment Drive
- South Korean President Lee Jae-myung will attend a public briefing in Gwangju on June 30 to discuss large-scale investments in the southwestern region. - Major companies like Samsung Electronics and…
South Korea Launches $1.1 Trillion Mega Projects for Semiconductor and AI Dominance
- The South Korean government announced a "3 Great Mega Projects" initiative, investing approximately 1,558 trillion won (about $1.1 trillion USD) across the Honam, Chungcheong, and Yeongnam regions t…
Jeonnam-Gwangju welcomes major semiconductor investment with land, funding pledges
- South Korea's President-elect for the unified Jeonnam-Gwangju special city pledged to offer affordable land and significant government funding for major semiconductor investments. - The region aims …
South Korea Unveils $1.1 Trillion "Mega-Projects" for Semiconductors and AI
- The South Korean government has unveiled a "3 Major Mega-Projects" initiative, involving approximately 1,500 trillion won ($1.1 trillion) in investment for semiconductors, AI data centers, and physi…
Chungcheong welcomes $58 billion semiconductor investment amid opposition criticism
- The Chungcheong region in South Korea will receive approximately 81 trillion won ($58 billion) for semiconductor investment, focusing on packaging facilities. - This investment is part of a larger n…
South Korea's Semiconductor Cluster Plan Sparks Regional Divide and Political Feud
- Samsung and SK's announcement of a new semiconductor cluster in Gwangju has created a stark division between regions, with Daegu-Gyeongbuk expressing concerns and Gwangju-Jeonnam anticipating econom…
Samsung Pledges 265.5 Trillion Won Investment in South Korea for Semiconductor and AI Growth
- Samsung announced a massive 265.5 trillion won investment in South Korea to foster future industries and enhance competitiveness in the AI era. - The investment will focus on developing semiconducto…
SK Group Plans 1,100 Trillion Won Investment for Semiconductor Expansion
- SK Group Chairman Chey Tae-won announced plans to invest 1,100 trillion won in expanding semiconductor production capacity. - The investment includes approximately 400 trillion won for a new cluster…
SK Chairman Chey Tae-won announces massive investments in semiconductors and AI data centers
- SK Group Chairman Chey Tae-won announced plans for significant investments in South Korea. - The proposed investments include 400 trillion won for the southwestern region's semiconductor industry an…
South Korea plans massive semiconductor investments
- South Korea's Industry Minister announced significant investment plans for the semiconductor industry. - Plans include an 800 trillion won fab investment in the Honam region and 81 trillion won for …