Tag: chip cluster

chip cluster

Latest News

Defense Ministry to temporarily relocate 1st Fighter Wing to accelerate chip cluster project

The government will disperse the unit among bases in Yecheon, Seosan and Chungju in a manner that does not disrupt training.

2026.8.14

The electricity transmission line is buried underground alongside road construction connecting Gunbuk and Gaya in Haman County, South Gyeongsang in an undated photo.

Korea needs power fast. The answer may lie beneath its roads.

Joint road and transmission projects are cutting costs and delays, offering a way to speed power supplies for semiconductor hubs.

2026.8.13

SK hynix to spend 9.4 trillion won in first chip line of Yongin cluster

The SK hynix board on Friday approved a 9.4 trillion won ($676.8 billion) investment to construct the first chip fabrication line of the Yongin semiconductor cluster and auxiliary facilities, pushing forward to build the world's biggest chip hub.

2024.7.26

Industry Minister Ahn Duk-geun, far right, gets briefed on SK hynix' chip cluster project in Yongin, Gyeonggi, on Thursday. [YONHAP]

SK hynix to break ground on mega chip cluster next March

SK hynix hopes to finish building its first chip fabrication plant in Yongin, Gyeonggi 2027 as part of the government's "mega chip cluster" project.

2024.3.21

The construction site for a Wonsam chip production plant in Yongin, Gyeonggi, which is part of the semiconductor megacluster in southern Gyeonggi. The government said Monday that a total of 622 trillion won will be invested to build ″the world's largest chip cluster″ by 2042. [YONHAP]

Samsung, SK to spend $471 billion on 'world's largest chip cluster'

Korea's chipmakers plan to invest $471.4 billion to create the world's largest semiconductor cluster in southern Gyeonggi by 2047. The project aims to increase chip production and create jobs.

2024.1.15

Representatives from the Korea Electric Power Corporation (Kepco), the Ministry of Trade, Industry and Energy and Samsung Electronics pose for a photo at Samsung Electronics' Pyeongtaek semiconductor manufacturing plant in Gyeonggi on Tuesday. [KEPCO]

Kepco to cooperate with Samsung to power $226 billion chip hub

As Samsung Electronics is set to build a 300 trillion won chip cluster in Yongin, Gyeonggi, by 2042, the chipmaker will cooperate with the Korea Electric Power Corporation (Kepco) to secure a stable electricity supply for the complex site.

2023.9.12

A proposed site for Samsung Electronics $230 billion chip complex in Yongin, Gyeonggi [YONHAP]

Samsung Electronics to invest $230 billion into chip complex

Samsung Electronics will invest 300 trillion won ($230 billion) into a massive chip cluster in Yongin, Gyeonggi by 2042 as Korea seeks to strengthen the supply chain amid the global competition to attract chipmakers.

2023.3.15

President Yoon Suk Yeol, high-ranking government officials and representatives from Samsung Electronics, SK and Hyundai Motor attend a briefing on the establishment of a massive chip complex in Gyeonggi. [YONHAP]

World's largest chip complex planned for Korea

A massive chip cluster costing 300 trillion won ($230 billion) will be built in Gyeonggi by 2042, the Korea government said Wednesday.

2023.3.15

Tag: chip cluster

chip cluster

Latest News

Defense Ministry to temporarily relocate 1st Fighter Wing to accelerate chip cluster project

Korea needs power fast. The answer may lie beneath its roads.

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