Samsung Announces $310 Billion Investment Plan Focused on Semiconductors and AI
Samsung Electronics shares surged over 3% at Monday's market open after unveiling a $310 billion (450 trillion won) domestic investment plan. The five-year initiative targets semiconductor manufacturing, AI infrastructure, and advanced battery technology.
A new chip production line at Samsung's Pyeongtaek campus, dubbed Plant 5, will anchor the strategy. Scheduled for commercial operations by 2028, the facility addresses growing global demand for memory chips—particularly those powering AI applications.
The tech giant will also construct two AI data centers: one in South Jeolla Province to integrate with national AI ecosystems, another in Gumi for internal AI development. Analysts view the massive commitment as both a corporate bet on AI's future and a vote of confidence in South Korea's economic resilience.
Beyond technological ambitions, the plan promises significant job creation—tens of thousands across Samsung and adjacent industries like construction. Investors responded favorably to the domestic focus, seeing tangible steps toward stabilizing Korea's tech leadership amid global semiconductor competition.
