Samsung will announce a plan to invest 10 trillion Korean won in South Korea over the next 10 years, focusing on semiconductor and AI data centers.

BlockBeats News, June 26th, according to South Korea's Daily Economy, the Samsung Group will announce a cutting-edge industry investment plan with a scale of 100 trillion Korean won (approximately $650 billion) at the Blue House on the 29th. This is the largest investment amount announced by a South Korean company, equivalent to half of South Korea's GDP.

South Korean President Lee Jae-myung will preside over a national reporting session at the Blue House on the 29th. The CEOs of major South Korean companies will attend the national reporting session to announce their respective cutting-edge industry-related investment plans to be promoted in non-capital area. Samsung's proposed 100 trillion won investment plan is a blueprint that combines investment plans for major business sectors such as semiconductors, AI data centers, secondary batteries, displays, and others for the next decade.

It is reported that Samsung Electronics Chairman Lee Jae-yong conveyed the above investment plan when he met with President Lee Jae-myung at the Blue House on the 25th. Samsung is considering investing approximately 30 trillion won to build a semiconductor factory in the Gwangju-Jeollanam-do region in accordance with the government's guidelines to establish a second semiconductor cluster in the southwestern region.