Svmuu News: According to a report by South Korea’s *Economic Daily* on Monday, as part of South Korean President Lee Jae-myung’s flagship industrial strategy, Samsung Group and SK Group are preparing to announce a plan to invest a total of up to 2,000 trillion won (approximately $1.3 trillion) over the next decade. The report stated that Samsung and SK Hynix are expected to each build four to five semiconductor factories in the Gwangju region.
The report added that Samsung also plans to build a chip packaging plant in South Chungcheong Province, while SK Hynix will expand its NAND factory in North Chungcheong Province. (Jin Shi)