Samsung Group Reported to Announce 1,000 Trillion Won Decade-Long Investment Plan

According to foreign media reports, Samsung Group will unveil a sweeping decade-long investment plan on Monday, pledging 1,000 trillion won ($648 billion) to anchor South Korea's next growth cycle, including a possible 300 trillion won push to build chip factories in the country's southwest. It is said that the investment, which would include AI data ‌centers, batteries and displays, will be announced at a meeting with President Lee Jae Myung at the presidential office.The specific investment timing and other details have not been disclosed.