Executive chairman of Samsung Electronics
Appears in 2 stories
Committing Samsung to new southwest fabs
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
Signed off on the profit-sharing pledge
Samsung Electronics has run for 57 years without ever tying a fixed share of profits to worker pay. That changed Wednesday.
Updated May 27
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