Samsung, SK Hynix commit $1.3 trillion to new Korean chip fabs
South Korea’s Samsung and SK Hynix are set to announce up to 2,000 trillion won ($1.3 trillion) in investment over the next decade. Each will build four to five fabs in the Gwangju region, with Samsung adding packaging plants and SK Hynix expanding NAND capacity. The spending aims to cement the country’s AI and chip leadership.