Samsung boss announces future AI and tech expansion
Samsung Electronics Chairman Lee Jae-yong has revealed a Korean regional technology development and expansion plan that places AI-driven businesses at the center of the company’s long-term strategy.
The Korean tech giant is preparing for its next phase of growth with a major investment push across artificial intelligence, semiconductors, robotics, batteries, and other advanced industries, as reported by ETNews.
During the “Three Mega Projects for Korea’s Great Leap Forward” national report meeting held at the Blue House on June 29, Lee outlined Samsung’s plans to strengthen key technology sectors across South Korea.
Related article: Samsung, SK Hynix may announce $1.3 trillion chip investment plan
The company is looking to establish a new semiconductor production hub in Gwangju while expanding investments in existing and upcoming chip facilities.
Gwangju has emerged as a possible candidate for Samsung’s next semiconductor site. The potential expansion signals that the company wants more flexibility as the AI semiconductor market keeps growing.
Samsung’s increased focus on HBM comes as competition in AI memory continues to intensify. Samsung is also expanding into physical AI and robotics, with the company planning to concentrate robotics investments in Gumi, Gyeongsangbuk-do, alongside an AI data center.
The company is also strengthening its bio ambitions, with plans to expand investment in Songdo, Incheon. Samsung’s latest roadmap shows how heavily the company is betting on AI as the next major technology shift.
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