According to Korean media, this amount of money is to increase domestic investment after the Korean government signed a trade agreement with the US.
According to Samsung, they will promote the groundbreaking of the framework for one of the chip factories in the Pyeongtaek main complex, which produces Samsung's semiconductors.
The decision, which includes an investment plan for research and development, was made at a recent special management committee, the company said.
The new Line 5 chip production line is expected to start commercial operation in 2028, helping Samsung better meet the growing demand for memory chips in the context of rapidly developing artificial intelligence (AI) globally.
Samsung SDS Co., ICT unit of Samsung, will build a large-scale AI data center in South Jeolla province, southwestern Korea. This AI data center aims to buy 15,000 graphics processors by 2028 and provide them to universities, startups and small and medium enterprises.
Battery manufacturing unit, Samsung SDI Co. is looking to establish a domestic production line for next-generation batteries, including fully solid-state batteries, possibly in Ulsan city, southeast Korea.
Samsung Display Co., Ltd. It is expected to start large-scale production next year at the 8.6th generation organic distillation goose factory, currently under construction in the South Central Chungcheong area.
Samsung's latest announcement came after South Korea finalized its deal with the US. Accordingly, South Korea is committed to investing $ 350 billion in US industries, with shipbuilding alone costing $150 billion. In return, the US will reduce tariffs on some Korean goods from 25% to 15%.
Previously, leaders of major Korean business groups, including Samsung, SK and Hyundai, met with President Lee Jae Myung to discuss further measures after completing the trade deal, including efforts to continue domestic investment flows.
