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Samsung, SK Hynix Reportedly Announce $1.3 Trillion Plans

Samsung Group and SK Group will announce up to 2,000 trillion won ($1.3 trillion) in decade-long investments at a presidential briefing on June 29, including new semiconductor fabs in Gwangju and an AI data center in Asan. Shares of Samsung Electronics and SK Hynix fell on the news, reflecting investor concerns about the scale of the multi-year capital expenditure.

read1 min views1 publishedJun 29, 2026

South Korea's Samsung Group and SK Group are set to announce up to 2,000 trillion won ($1.3 trillion) in decade-long investments at a presidential briefing chaired by President Lee Jae Myung on June 29, per Bloomberg and CNBC. For AI infrastructure and HBM supply-chain teams, the load-bearing details are the planned front-end semiconductor fabs in the Gwangju region and an AI data-center buildout in Asan, South Chungcheong -- new capacity that would take years to build but directly affects long-run HBM and NAND availability. CNBC reports shares fell on the news -- Samsung Electronics down 4.7%, SK Hynix down 3.1% -- consistent with investor concern about the financing scale of multi-year capex programs. Published figures range from 900 trillion won for the southwest cluster alone to 2,000 trillion won for the full 10-year group-level plan; official filings will clarify scope.

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