Samsung and SK Hynix to Announce 10-Year, 1000 Trillion Won Investment Plan Led by President Yoon

South Korea's presidential office announced that Samsung Electronics and SK Hynix will unveil a major investment plan on Monday at a meeting chaired by President Yoon Suk Yeol. The plan is expected to exceed 1,000 trillion won (~$650 billion) over 10 years, focusing on developing a semiconductor cluster in the southwestern Honam region. Samsung Chairman Lee Jae-yong and SK Group Chairman Chey Tae-won will attend. The initiative is part of the government's 'three mega projects' for balanced regional development, jointly pushed by trade, technology, transportation, and energy ministries. Industry observers see this as a game-changer for global semiconductor supply chains, with significant implications for AI chips, HBM memory, and cryptocurrency mining hardware markets.