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gossip Tahawul Tech June 29, 2026

Samsung to make significant South Korean investment

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Samsung is reportedly planning to invest KRW100 trillion ($646 billion) in its home market of South Korea over the next decade. The investment is believed to cover chips, AI data centres, batteries and displays. South Korean newspaper Maeil Business reported the plan will be officially unveiled on the 29th June 2026, with executives from Samsung and fellow domestic powerhouse SK Hynix set to attend a briefing with the nation’s President Lee Jae Myung.

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