02-July-2026
Corporate News
 
Samsung Group Details Plans to Invest $90 Billion in South Korea's Central Region
02-Jul-2026

Samsung Group detailed plans on Thursday to invest 140 trillion won ($90 billion) for production of display panels, batteries, chips and chip materials in the central province of Chungcheong. • Samsung Display to spend 67 trillion won in Asan and Cheonan, while Samsung Electronics to invest 56 trillion to build packaging facilities for high-bandwidth memory chips in Onyang and Cheonan. • The plan fits into bigger investment plans the group rolled out on Monday. Details were provided by Samsung Display CEO Yi Chung at an event hosted by President Lee Jae Myung on Thursday.

News Source:- https://money.usnews.com/investing/news/articles/2026-07-02/samsung-group-details-plans-to-invest-90-billion-in-south-koreas-central-region