South Korea plans semiconductor mega cluster with 622 trillion won investment

South Korea unveiled a plan to build a semiconductor mega cluster in southern Gyeonggi Province by 2047, with a total investment of 622 trillion won (US$472 billion) from Samsung Electronics and SK hynix. The cluster will include 16 new fabs and aims for a monthly production capacity of 7.7 million wafers by 2030.

“South Korea on Monday unveiled its plan to establish what it calls a 'semiconductor mega cluster' in southern Seoul by 2047 by promoting a total investment of 622 trillion won (US$472 billion) with Samsung Electronics Co. and SK hynix Inc.”en.yna.co.kr

• 1 source
• en.yna.co.krS. Korea unveils plan to build 'semiconductor mega cluster' by 2047 | Yonhap News AgencyKang Yoon-seungJan 15, 2024

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