Samsung, SK Hynix to Spend $520 Billion on Chip Plants in South Korea

SEOUL: Samsung Electronics and SK Hynix plan to invest more than $500 billion in a new chip-making hub in southwestern South Korea, collaborating with the government’s push to bring the artificial-intelligence boom to less-developed regions. A factory in Ansan, South Korea in April 2026. (REUTERS) The initiative, announced by the South Korean government Monday, envisions

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