Samsung Group plans to invest 1,000 trillion won ($648 billion) in South Korea over the next decade. Media reports on June 26 indicate the official announcement will occur at a presidential meeting on Monday, June 29.
The capital injection targets advanced semiconductors, AI data centers, next-generation batteries, and displays. This strategy aims to strengthen South Korea’s position in the global technology race.
Samsung shares fell on Friday despite the investment news. The decline followed a broader sell-off in Asian tech stocks as investors took profits from recent AI-driven rallies.