The projects in the country's central city of Cheongju outlined on Thursday come under a $2.1 trillion plan unveiled by the chipmaker and its local rival Samsung Electronics on Monday that also included a new chip cluster in the southwest and existing projects.

Korea's chipmakers — Samsung Electronics and SK hynix — and the government will invest 800 trillion won ($585 billion) to establish a semiconductor...

Samsung and SK Hynix plan $650B to $1.3T in semiconductor investments over the next decade, targeting AI chip fabs, data centers, and robotics