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Investing in AI data-center capacity
On June 29, 2026, South Korea directed Samsung and SK Hynix to build four new memory fabs in the southwest as part of an 880-billion-dollar, ten-year private buildout. Three days later, both companies had narrowed their Gwangju site candidates to two locations and pledged a combined 240 trillion won for the Chungcheong region, adding a second investment zone south of Seoul.
Updated Jul 2
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