Samsung Group is set to announce a massive 1,000 trillion won ($647.5 billion) investment plan for South Korea over the next decade, with a significant portion dedicated to new semiconductor manufacturing facilities.
The conglomerate will reveal the details on Monday, marking one of the largest domestic capital commitments in the country's history.
The investment package includes a potential 300 trillion won allocation for building new chip factories in the southwest region of South Korea.
The investment package includes a potential 300 trillion won allocation for building new chip factories in the southwest region of South Korea.
This expansion underscores the group's commitment to strengthening its domestic foundry and memory production capabilities, aligning with broader national efforts to secure supply chain resilience in the semiconductor sector.
The announcement comes as Samsung Electronics navigates complex internal dynamics, including a recently proposed 90 trillion won share repurchase program aimed at resolving a protracted labor dispute with its union.
The dual focus on massive capital expenditure and shareholder returns highlights the company's strategy to balance long-term industrial growth with immediate stakeholder pressures.