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Samsung to Invest $90 Billion in Chungcheong by 2040

2026-07-02 08:31:16

Samsung Group announced on July 2 that it plans to invest 140 trillion won (approximately US$90 billion) in South Korea's Chungcheong region by 2040, according to Reuters. The investment will focus on display panels, batteries, semiconductor chips, and chip materials. Samsung Display will invest 67 trillion won in display production, while Samsung Electronics plans 56 trillion won for chip packaging facilities. Samsung SDI will allocate 9 trillion won for next-generation battery production.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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