Samsung to Map Out a Major Nationwide Investment Drive, from Honam Semiconductors to Chungcheong Materials Industry

[Financial News] Samsung Electronics is expected to announce a large-scale nationwide investment plan with major affiliates such as Samsung Display and Samsung SDI, going beyond the creation of the Honam Semiconductor Cluster. It would be the largest investment ever to support the government’s three major mega projects.
According to the government and industry on the 28th, Samsung Electronics is expected to present its mid- to long-term investment blueprint at the "National Report Meeting on Korea's Great Leap Forward 3 Major Mega Projects" on the 29th.
The investment plan is expected to include the creation of the Honam Semiconductor Cluster, the development of advanced materials and parts industries in the Chungcheong region, the strengthening of manufacturing competitiveness in the Yeongnam Region, and expanded bio investments in Incheon.
In the Chungcheong region, Samsung Display is expected to expand next-generation OLED production capacity centered on its Asan and Cheonan sites, while Samsung SDI is reportedly planning to increase battery production at its Cheonan Campus in line with the growth of the next-generation mobility and physical AI markets.
Samsung Electro-Mechanics is also said to be reviewing plans to expand semiconductor substrate production capacity at its Sejong Plant.
There is also speculation that Lee Jae-yong, Chairman of Samsung Electronics, may visit Samsung Display's Asan Campus on the 2nd of next month to personally announce the company's investment vision for the Chungcheong region.
In the Yeongnam Region, Samsung Electronics is expected to strengthen AI-based manufacturing competitiveness at its Gumi Plant, while Samsung Electro-Mechanics' Busan Plant is expected to expand production of MLCC and semiconductor substrates. Samsung SDI's Ulsan Plant is also expected to expand its production facilities to meet rising demand for Energy Storage Systems (ESS) driven by the spread of AI infrastructure. In Incheon, Samsung Biologics is expected to continue investing in the bio sector.
In Honam, a large-scale semiconductor cluster covering both front-end and back-end processes is reportedly being planned. Industry sources say the cluster could include as many as five semiconductor fabs, with about 60 trillion won invested in each one.
If the investment plan is realized, industry watchers say it could become the largest domestic investment project ever, totaling hundreds of trillions of won over the next five to six years and more than 1,000 trillion won over 10 years.

going@fnnews.com Choi Ga-young Reporter