Samsung Group to Unveil $646 Billion AI Plan Over 10 Years
Updated
Updated · Bloomberg · Jun 26
Samsung Group to Unveil $646 Billion AI Plan Over 10 Years
3 articles · Updated · Bloomberg · Jun 26
Summary
1,000 trillion won ($646 billion) is the size of the investment package Samsung Group is expected to announce Monday, according to Maeil Business Newspaper.
The plan would stretch over the next decade and mark the largest corporate spending program of its kind in South Korea.
Top executives from Samsung and SK Hynix — South Korea’s two most valuable companies and leading memory-chip makers — are expected at a presidential briefing at the Blue House early next week.
The reported push underscores how South Korea’s chip champions are preparing a massive new AI spending wave centered on memory and semiconductor capacity.
Is South Korea's $646B AI memory bet a masterstroke or the world's biggest supply chain gamble?
As Korea bets its future on HBM memory, could a new AI breakthrough make it all obsolete?
With billions poured into AI hardware, can South Korea find the talent to win the global AI race?
Samsung’s $648 Billion Gamble: Reshaping South Korea and the Future of AI Chips
Overview
Samsung Group is set to announce an unprecedented $648 billion investment plan, marking a major strategic shift toward artificial intelligence and advanced semiconductor manufacturing. The plan allocates about 300 trillion won for new semiconductor plants in southwestern South Korea and over 350 trillion won for state-of-the-art AI data centers. This dual focus aims to strengthen both the hardware and computational infrastructure needed for the AI era. The investment highlights Samsung’s ambition to lead in future technologies, with close coordination between the company and the South Korean government to finalize and present the full plan.