Amco Technology Korea increased its planned investment in expanding its Gwangju plant from 1 trillion won to about 3 trillion won and began construction of new high-tech semiconductor manufacturing lines. The expansion is expected to create more than 2,000 jobs.
TK-Fujikin signed an MOU with Busan Jinhae Free Economic Zone Authority to invest KRW 55.7 billion in a new factory on a 33,881 square metre site in Busan, adding to its existing plants. The project is scheduled to finish in 2025 and add about 450 jobs.
Taekwang Fujikin signed a site lease agreement with the Busan-Jinhae Free Economic Zone Authority to build a new factory in the Hwajeon industrial complex in Busan, South Korea, consolidating its existing plants with a total investment of 55.7 billion won, with about 450 new jobs planned and completion by 2025.
Entegris Korea signed an agreement with Gyeonggi Province for an additional $20 million investment, reinvesting profits from Korea. It began building a production facility in Hwaseong Jangan 2 industrial complex that will make high-purity chemicals and special containers, and will hire 50 people.
A company identified only as D signed an MOU with Chungcheongnam-do to buy an empty 6,603.7 sq m factory in Cheonan's foreign investment zone and invest a further $5 million to expand semiconductor materials production.