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Samsung to unveil record $650B South Korea investment amid AI boom
South Korea's Samsung Electronics is expected to announce a record domestic investment plan next week, according to local media reports, in a massive bet on AI-driven semiconductor demand. A Samsung store in Shenzhen, China, in April 2024 The 1,000 trillion won (US$650 billion) package, to be announced by the chip giant and the government, is in line with President Lee Jae Myung's agenda for development in regions outside of the capital Seoul. Lee will host a "National Mega P
Jul 32 min read
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