Samsung details $90bn plan for South Korea’s Chungcheong region

Samsung Group has put a number on its next decade of domestic manufacturing: 140 trillion won, or roughly $90 billion, spread across displays, memory chips, batteries and chip-packaging materials in South Korea’s central Chungcheong provinces.

Samsung Display chief executive Yi Chung laid out the breakdown on Thursday at an event in Asan hosted by President Lee Jae Myung, part of a broader push the government has billed as a tripolar mega project for AI-era industry.

The largest single piece goes to Samsung Display, which will spend 67 trillion won expanding OLED production in Asan, covering panels for phones, tablets, extended-reality headsets, cars and humanoid robots.

Samsung Electronics follows with 56 trillion won earmarked for Onyang and Cheonan, turning both sites into production bases for high-bandwidth memory, the chip category that has become central to Nvidia’s AI accelerators and, by extension, to Samsung’s recent run of AI-driven profit.

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