Samsung, SK Group Plan 800 Trillion Won for 4 Chip Plants as Korea Targets 2x DRAM Capacity
Updated
Updated · Bloomberg · Jun 29
Samsung, SK Group Plan 800 Trillion Won for 4 Chip Plants as Korea Targets 2x DRAM Capacity
3 articles · Updated · Bloomberg · Jun 29
Summary
800 trillion won will go toward four new chip plants—two each by Samsung Group and SK Group—under a South Korean push to reinforce its AI and semiconductor base.
South Korea paired the factory plan with a goal to double national DRAM production capacity within five years, underscoring memory chips as the centerpiece of the strategy.
President Lee Jae Myung appeared with Samsung and SK Hynix leaders at Monday’s briefing, where the companies were expected to outline broader investment plans spanning chips, data centers and robotics.
The plant announcement follows earlier reports that Samsung and SK could unveil as much as 2,000 trillion won in fresh investment over 10 years, a scale that had already pressured both companies’ shares.