Samsung Announces Massive 450 Trillion Won Investment Plan

Samsung has announced investment plans of 450 trillion won (over $300 billion) in South Korea over the next five years. This will allow the company to strengthen the nation’s key industries, create new jobs, and support balanced regional development outside the metropolitan area.

Samsung announces its new investment strategy to boost the Korean industry

A portion of the investment will be allocated for semiconductor expansion, an industry where Korea plays a key global role. During a temporary management committee meeting, Samsung has approved the construction of Line 5 of Complex 2 of its Pyeongtaek plant. The new line will begin full operations in 2028, helping the company meet growing global demand for memory chips. Furthermore, it plans to invest in additional infrastructure to secure stable production.

Samsung will also focus on balanced regional development to spread investments across the country. The company’s SDS unit is pursuing a multi-center strategy to expand its AI infrastructure. This includes the National Computing Center in Jeollanam-do and the Gumi AI Data Center.

The former will house a large-scale AI data facility capable of securing 15,000 GPUs by 2028. These resources will be made available to academia, startups, and small and medium-sized enterprises (SMEs). Meanwhile, the latter will be remodeled into an AI-specific facility that will primarily provide computing services to Samsung Electronics and other Samsung affiliates. The company plans to complete the Gumi center by 2028.

Samsung is also gearing up to expand production in Gwangju Metropolitan City, following its acquisition of Fleck, Europe’s largest air-conditioning equipment company. Meanwhile, Samsung SDI is considering the Ulsan plant as the base for manufacturing next-generation batteries, including all-solid-state batteries. The company aims to begin mass production in 2027.

Furthermore, Samsung Display plans to start mass production next year at its new 8.6-generation OLED line in the Asan plant in South Chungcheong Province. In Busan, Samsung Electro-Mechanics is expanding its capacity to produce high-end semiconductor package substrates.

Jobs for youth and support for partners

Samsung also aims to create jobs for young people by hiring 60,000 new employees over the next five years. The company’s CSR programs, including SSAFY (Samsung Software & AI Academy), Hope Stepping Stone 2.0, C-Lab Outside, and Youth Hope Center, help young people develop skills.

Finally, Samsung plans to reduce management burden on its first- to third-tier suppliers. The company will give them low-interest loans for capital investments, technology development, and operating funds.