Reports say Samsung and SK Hynix plan to announce a combined investment of about $1.3 trillion in South Korea over the next decade. The proposed spending is described as part of a long-term effort to expand AI chip production and strengthen memory capacity, alongside upgrades and growth in data center infrastructure. The reports also link the plan to South Korea’s broader push to maintain its technological competitiveness amid international competition, including from the United States, China, and Taiwan. While the exact allocation among chipmaking, memory, and infrastructure projects is not detailed in the information provided by the sources, both companies are portrayed as responding to rising demand connected to artificial intelligence workloads and growing data storage and processing needs. The reports indicate the announcement is expected to be made publicly as a formal investment plan for the 10-year period, but further specifics on timelines, project locations, and company-by-company breakdown were not included in the available summaries.
Samsung and SK Hynix reportedly plan $1.3 trillion investment over 10 years
Reports say Samsung and SK Hynix plan to announce a combined investment of about $1.3 trillion in South Korea over the next decade. The proposed spending is described as part of a long-term effort to...
- Samsung and SK Hynix are reportedly planning a combined $1.3 trillion investment in South Korea.
- The investment plan is expected to run over 10 years.
- The spending is linked to demand growth for AI chips and memory.
- Reports associate the plan with expansion of data center infrastructure.
- The move is presented as supporting South Korea’s technological competitiveness amid competition from the US, China, and Taiwan.
For Samsung and SK Group, the major investments would reflect mounting demand for AI chips, memory and data center infrastructure, while aligning with President Lee's push to preserve South Korea's technological edge against rivals including the US, China and Taiwan.
3 hours agoEricsson reports share buybacks for June 22–26, 2026
Telefonaktiebolaget LM Ericsson (publ) (Ericsson) reports that it repurchases its own Class B shares during the period J...
IIFCL seeks $1 billion loan and discusses $400 million Asian Development Bank funding
Indian Infrastructure Finance Company Limited (IIFCL) plans to raise a $1 billion loan, according to two reports. The pr...
Toyota sales drop for fourth straight month in May amid weakness in China, US and Middle East
Toyota’s vehicle sales fall for a fourth consecutive month in May, according to reports referencing declines across mult...