Samsung and SK Hynix to Invest Hundreds of Trillion Won in New Semiconductor Clusters

KuCoinFlash

Release Time: 06/24/2026 00:23:26

Summary

Samsung and SK Hynix plan to expand semiconductor clusters in South Korea’s Honam and Chungcheong regions, with total investment expected to reach hundreds of trillions of won. The companies are developing a major plan to be unveiled at a government-business meeting chaired by President Yoon Suk-yeol. The project includes both front-end and back-end facilities, with each fab costing at least 60 trillion won. Government discussions on cryptocurrency regulation may impact funding for related technologies. Yoon will meet with Samsung’s Lee Jae-yong on June 25, following a meeting with SK Group’s Chey Tae-won on June 19. The investment scale could reach 300–400 trillion won, and new token listings on regional tech platforms may follow as part of broader digital infrastructure initiatives.

BlockBeats report: On June 24, Samsung Electronics and SK Hynix are exploring plans to expand their semiconductor cluster investments in the Jeolla region, including Gwangju and South Jeolla Province, and the Chungcheong region, with an expected investment scale of several quadrillion Korean won.

According to business sources on the 23rd, Samsung Electronics and SK Hynix are coordinating the specifics of a large-scale regional investment plan to be unveiled at the public-private meeting on regional spatial transformation (balanced national development), hosted by President Yoon Suk Yeol at the Blue House at the end of the month.

It is reported that the two companies are considering building both a memory semiconductor production facility (front-end) and a packaging facility (back-end) within the proposed semiconductor clusters in Hunan and Chungcheong.

Initially, the industry expected Samsung Electronics and SK Hynix to focus their investments on backend operations, but as frontend construction has also entered the discussion, analysts believe the scale of investment could expand further.

Given that the cost of building a semiconductor wafer fab is at least 60 trillion Korean won, some believe that the total investment by Samsung Electronics and SK Hynix could reach 300 to 400 trillion Korean won.

The president will meet Samsung Electronics Chairman Lee Jae-yong on the 25th to discuss specific investment proposals and plans. It is reported that the president met SK Group Chairman Choi Tae-won on the 19th.

Source:Show original

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.