South Korea is nearing an announcement on a new semiconductor production cluster outside the greater Seoul area as the government and the country's two largest

South Korea is nearing an announcement on a new semiconductor production cluster outside the greater Seoul area as the government and the country's two largest

President Lee Jae Myung is expected to meet Samsung Electronics Chairman Lee Jae-yong on Thursday as the government enters the final stage of discussions on a m

A presidential adviser says Seoul is discussing new fab investments with Samsung and SK Hynix, and that AI demand could pull construction forward by a decade.

South Korea accelerates chip cluster plans by over a decade as government discusses massive semiconductor investments with Samsung and SK Hynix amid surging

The government and chip companies are planning to establish a massive semiconductor cluster in the Jeolla region, separate from the current one nea...

Presidential advisor says Samsung and SK could advance cluster plans by 10 years