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Industry
K suppliers buzz as government, Samsung, SK Hynix unveil 800 trillion won plan for second chip cluster
South Korea\'s semiconductor materials, parts and equipment sector is drawing attention after the government, Samsung Electronics and SK Hynix unveiled an 800 trillion won investment plan for a second semiconductor cluster in the southwest. The government is pushing three mega projects centered on semiconductors, physical AI and AI data centers. It expects early benefits for infrastructure and process equipment orders and aims to link production in the southwest with supplier bases in the southeast and Daegyeong regions.
Industry
Samsung signs shared-growth deal with suppliers to extend support across supply chain
Samsung Group has expanded its support system for partner companies across its supply chain. Eleven affiliates including Samsung Electronics signed an agreement on June 29 at Samsung Electronics\' Suwon campus with first- to third-tier partner companies to build a shared-growth ecosystem. About 6,700 partner companies in Samsung\'s supply chain are expected to benefit. The deal covers funding, technology and staffing, and includes support for second- and third-tier suppliers and an industrial accident fund plan.
Finance
Bitcoin bottom may still lie ahead as Anthropic launches Claude Opus 4.7
CryptoQuant analyst YJ said XRP is supported by stronger network activity even though it is well below its 2025 peak, citing a lower NVT reading and higher participation. Into The Cryptoverse CEO and former NASA researcher Benjamin Cowen projected bitcoin’s cycle low could form around October 2026, while not fully ruling out an earlier low. Anthropic launched Claude Opus 4.7, and Samsung group shares rose broadly amid easing Middle East risk.
