(LEAD) President, Samsung Electronics chief discuss chip cluster investment in southern region (opens original article in a new tab)

President Lee Jae Myung and Samsung Electronics Chairman Lee Jae-yong discussed regional semiconductor investments, including a potential chip cluster in the Honam region, as part of efforts to promote balanced regional development.

• President Lee Jae Myung met with Samsung Electronics Chairman Lee Jae-yong to discuss regional semiconductor investments, including a potential chip cluster in the Honam region.
• The meeting is part of preparations for a government conference on balanced regional development, with focus on expanding semiconductor production beyond the Seoul area.
• Samsung and SK hynix are expected to invest hundreds of trillions of won in Honam and Chungcheong regions to establish a semiconductor ecosystem and renewable energy infrastructure.