It’s part of a South Korean project to develop one of the largest semiconductor manufacturing hubs in the world.
An investment of $230 billion is expected to be made in the next two decades by Samsung to further semiconductor manufacturing.
The mega cluster, which will feature five new semiconductor plants built by Samsung, will be set in the Gyeonggi Province and is expected to be completed by 2042.
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The investment will be a part of a South Korean project to develop one of the largest semiconductor manufacturing hubs in the world, near its capital city of Seoul. Samsung leads in the production of memory chips, smartphones, and TVs in the world.
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