Samsung readies $648 billion bet, report says, as AI boom reshapes South Korea

Samsung may pledge a 10-year, 1,000 trillion won (≈$648bn) investment plan, including up to 300 trillion won for new chip fabs in the southwest.
The package would fund AI data centres, batteries and displays and aims to decentralise Korea’s chip industry—boosting jobs and regional tech hubs beyond Seoul.
The move will be announced at a presidential meeting with top executives, but timing and details remain unconfirmed amid regional competition and political scrutiny.