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Weekly Korean Market Update (3/13~3/19)

2023. 03. 20 · SPI
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Providing Up-to-date news and contents of Korean commercial real estate market including investment, REITs and market players.

Samsung Investing 300 trillion in Semiconductor Cluster in Yongin Samsung Electronics has decided to invest a total of KRW 300 trillion over the next 20 years to build a semiconductor cluster in Yongin. On the 15th, the government announced the high-tech industry beltway strategy and the creation of a high-tech cluster in Yongin. Samsung has decided to invest a total of KRW 300 trillion over the next 20 years to build the Yongin cluster. The Yongin Semiconductor Cluster will consist of an industrial complex, 7.1 million square meters in Yongin, Gyeonggi-do, with five advanced semiconductor manufacturing plants. The project is slated for completion by 2042. The new strategy will attract […]

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