| Mobile Web

Search results for Cheonan

Industry

Moving fabs alone may not make South Korea\'s semiconductor relocation work, MPE ecosystem key

South Korea is pushing to disperse its semiconductor production base beyond the capital area, but simply moving fabs may deliver limited results, industry voices say. The government plans to allocate over 40 percent of its National Growth Fund to non-capital regions and offer special subsidies to relocating materials, parts and equipment firms. Officials also aim to build regional specialisation, but supply-chain depth, engineers’ response times, power costs and local settlement conditions are seen as decisive.

AI & Enterprise

MSIT says K-AI models spread to vehicle manufacturing, office, SMEs and public cities

South Korea\'s Ministry of Science and ICT on Sunday released the 10th instalment of its \"K-AI model on-site expansion\" series, introducing industrial use cases of domestic AI models. The ministry included examples from SK Telecom, LG AI Research, NC AI and Upstage. SK Telecom plans on-site trials at an auto parts maker. LG AI Research and Hancom will expand cooperation in AI office services. NC AI will support AI adoption by small firms. Okeystro will build public-sector generative AI services and join an AI pilot city project.

Industry

240 trillion won to flow into Chungcheong as Samsung and SK roll out investment plans

Samsung Electronics and SK Hynix on Wednesday announced large investment plans for South Korea’s Chungcheong region, totalling 240 trillion won. Samsung said it will invest about 140 trillion won in areas including advanced displays, high-bandwidth memory fabs, next-generation batteries and AI server package substrates, aiming to create 250,000 jobs. SK Hynix said it will invest 100 trillion won in Cheongju, citing a need to expand NAND supply and strengthen advanced packaging.