Thursday, November 12, 2026

Lee Jae-yong: “Samsung’s Onyang Campus to Become a Cutting-Edge HBM Hub, the Heart of AI Semiconductors”

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2026-11-12 10:38:55
Updated
2026-11-12 10:38:55
President Lee Jae Myung and Samsung Electronics Co., Ltd. Chairman Lee Jae-yong take part in a national ceremony at the groundbreaking ceremony for the Chungcheong region mega-project, held on the 12th at the construction site of Samsung Electronics’ Onyang Campus in Asan, South Chungcheong Province. Cheong Wa Dae Wire Service Photo Pool

[Financial News]  Samsung Electronics Co., Ltd. Chairman Lee Jae-yong said at the groundbreaking ceremony for the Chungcheong region mega-project on the 12th, “This site, once centered on processes that simply assembled and inspected conventional semiconductors, will transform into a cutting-edge HBM (high-bandwidth memory) hub—the heart of AI semiconductors.”
Chairman Lee made the remarks at the groundbreaking ceremony held that day at Samsung Electronics’ Onyang Campus in Asan, South Chungcheong Province, with President Lee Jae Myung in attendance, saying, “With today’s groundbreaking ceremony, we promise another leap forward.”
Chairman Lee explained, “Until just 40 years ago, this place where you are standing was somewhere all you could see were bare mountains and unpaved roads. Now, it has become a high-tech factory that assembles and inspects semiconductors—the rice of industry—and completes them as finished products.”
He went on to emphasize, “I believe mega-projects are not simply an industrial strategy, but a historic challenge to redraw the future of Korea,” adding, “I am confident that if the central and local governments and businesses join forces under the President’s leadership, we can create the momentum for a great leap forward for the nation.”
He added, “With a greater sense of responsibility, we will actively pursue mega-projects not only here in Chungcheong but also in the Honam and Yeongnam regions, to build a one-of-a-kind success story for Korea.”
Chairman Lee expressed his gratitude and welcomed President Lee and the other attendees visiting the site, adding, “I think this will be a great encouragement to the employees working diligently on the ground.”

[email protected] Choi Jong-geun Reporter