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The Nexus
BUSINESSJun 28 · 23:41 UTCFORTUNEShinhye Kang, Seyoon Kim, Bloomberg

Samsung, SK reportedly to invest $1.3 trillion over 10 years

Samsung Group and SK Group plan to invest up to 2,000 trillion won ($1.3 trillion) over 10 years in sectors like semiconductors, AI data centers, and physical AI as part of South Korea’s 'Three Mega Projects for the Great Leap Forward' initiative. Investments include building semiconductor fabrication plants in Gwangju and expanding chip production facilities in Chungcheong provinces.

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