Samsung's Yongin Campus Construction Plans Reportedly Unchanged, Target Remains to Break Ground by Year-End

According to South Korean media reports, amid recent government efforts to vigorously promote semiconductor investment in the Honam region, rumors have emerged that some facilities within the Yongin semiconductor cluster may be relocated. In response, the Yongin city government has clearly stated that it has directly confirmed with senior Samsung Electronics officials that the plan to build six wafer fabrication plants in the Yongin semiconductor cluster remains unchanged, and that related production lines will not be moved to other provinces. Currently, land compensation progress has reached approximately 80%, and most compensation procedures are expected to be completed by this fall. Relevant government officials have stated that the initial target is to begin construction by the end of the year, though the schedule may be delayed depending on internal circumstances or project conditions.