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Finance

Dongtan, Giheung, Guri designated as regulated areas; mortgage LTV set at 40 percent

South Korea designates Dongtan in Hwaseong, Giheung in Yongin and the city of Guri as regulated areas, tightening housing-related lending rules. From July 1, the mortgage loan-to-value ratio in the areas falls to 40 percent from 70 percent under non-regulated standards, while some categories such as first-time home purchases and policy mortgages apply eased ratios. Jeonse loans, large credit loans and business loans for home purchases also face tighter limits.

Industry

Samsung Electronics to reshape future industry portfolio with region-specific clusters

Samsung plans to reorganise its future industry portfolio into four regional clusters, centred on a Seoul metropolitan semiconductor hub and additional bases in Honam, Chungcheong and Yeongnam. The company said it will invest a total of 2,655 trillion won domestically to foster cutting-edge future industries. Spending includes 2,030 trillion won for the capital region’s chip cluster and 625 trillion won for AI semiconductors, robots, batteries and IT components and materials in other regions.

Industry

Semiconductor hub expands to southwest as Samsung, SK outline 1,000 trillion won investment

Samsung Electronics and SK Group plan to expand semiconductor production into South Korea\'s southwest region, citing rising AI-driven memory demand. Samsung plans to build four memory fabs in the area, while SK outlined 2,100 trillion won of investment, including 400 trillion won for a new southwest cluster. Executives presented regional investment plans at the presidential office. The government outlined a nationwide semiconductor cluster strategy and detailed power, water and policy support measures.