Samsung Electronics and SK Hynix plan to invest up to 2,000 trillion won ($1.3 trillion) over the next decade. This government-backed initiative aims to strengthen South Korea’s technology sector through new semiconductor fabs and AI data centers. The strategy also includes the construction of advanced packaging facilities.
Applied Materials stands to benefit from the increased demand for wafer fabrication equipment. Samsung and SK Hynix are expanding production capacity to support surging AI hardware requirements. This massive spending plan positions Applied Materials for sustained long-term growth within the South Korean market.