Samsung, SK reportedly to invest $1.3 trillion over 10 years

Samsung Group and SK Group are poised to announce up to 2,000 trillion won ($1.3 trillion) in investments over the next decade under President Lee Jae Myung's industrial strategy. Samsung Electronics and SK Hynix will each build four to five semiconductor fabs in the Gwangju area, with additional chip packaging and NAND plant expansions planned.