Samsung invests 60 trillion won in balanced regional development

Reporter Kim Jisun / approved : 2023-03-16 05:52:04
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This article is translated by AI company Flitto and Alhpa Biz neural machine translation technology

 

이재용 삼성전자 회장 (사진=삼성그룹)

[Alpha Biz=(Chicago) Reporter Kim Jisun] Samsung Group will invest in balanced regional development, focusing on affiliates across the country. The amount of money invested alone amounts to 60.1 trillion won.

Samsung Group said on the 15th that it will invest a total of 60.1 trillion won in key manufacturing sectors, focusing on major businesses located in Chungcheong, Gyeongsang and Jeolla provinces for 10 years at affiliates such as Samsung Electronics, Samsung Display, Samsung SDI and Samsung Electro-Mechanics.

First of all, the Chungcheong region will establish semiconductor package specialized complexes (Samsung Electronics, Cheonan and Onyang), advanced display clusters (Samsung Display, Asan), and next-generation battery mother factories (Samsung SDI, Cheonan).

In the Gyeongsang region, it will foster next-generation multi-layer ceramic capacitor (MLCC) production bases (Samsung Electro-Mechanics, Busan), global smartphone mother factories (Samsung Electronics, Gumi), next-generation battery core material research bases (Samsung SDI, Ulsan), and high value-added ship production bases (Samsung Heavy Industries, Geoje).

In particular, it plans to raise Busan to an MLCC production base in order to make a breakthrough in the global MLCC market, where Japanese companies control 60%. Samsung Electronics' Gumi plant will play a role in preemptively developing advanced production technologies and core processes and spreading them to production bases around the world.

In the case of the Honam region, the company plans to expand and reorganize home appliances produced at its Gwangju operations into premium smart home appliances and transform them into global smart home appliance production bases.

 

Alphabiz Reporter Kim Jisun(stockmk2020@alphabiz.co.kr)

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