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Samsung, SK consider semiconductor cluster in Gwangju, South Jeolla with up to 400 trillion won investment

Samsung Electronics and SK Hynix are reviewing plans to build a large-scale semiconductor production base in South Korea’s Honam region, with a combined investment discussed at 300 trillion to 400 trillion won. The plan being coordinated targets new facilities in Gwangju and South Jeolla, spanning memory front-end processes, advanced packaging back-end processes and AI data centers. A law to support designated semiconductor clusters is set to take effect in August.