Samsung to Invest $90 Billion in South Korea to Expand AI Chip, Display, and Battery Production

Samsung Group has unveiled a major investment plan worth 140 trillion won (approximately $90 billion) to strengthen South Korea’s technology manufacturing sector, with a strong focus on artificial intelligence (AI), semiconductors, display panels, advanced batteries, and chip packaging materials.

The investment will be concentrated in South Korea’s central Chungcheong Province and is part of Samsung’s broader long-term strategy to expand its leadership in next-generation technologies while supporting domestic manufacturing and innovation.

Samsung Display will account for the largest portion of the investment, committing 67 trillion won to expand production capabilities in Asan and Cheonan. The company aims to enhance its display manufacturing infrastructure to meet growing global demand for advanced display technologies used in consumer electronics, automotive applications, and emerging AI-powered devices.

Samsung Electronics will invest 56 trillion won to establish advanced semiconductor packaging facilities in Onyang and Cheonan. The new plants will focus on high-bandwidth memory (HBM) chip packaging, a critical technology powering AI servers, data centers, and high-performance computing systems. Demand for HBM chips has surged as artificial intelligence applications continue to expand worldwide.

Samsung SDI plans to invest an additional 9 trillion won in Cheonan by 2040 to expand production and research and development of next-generation battery technologies. The investment is expected to strengthen Samsung’s position in the rapidly growing electric vehicle and energy storage markets.

Meanwhile, Samsung Electro-Mechanics will allocate 8 trillion won by 2040 to build manufacturing capacity for advanced semiconductor packaging materials used in AI servers in Sejong. The company also plans to support workforce development by nurturing domestic talent to meet future demand in the semiconductor industry.

The investment details were presented by Samsung Display CEO Yi Chung during an event hosted by South Korean President Lee Jae Myung on Thursday. The announcement follows Samsung Group’s broader investment roadmap introduced earlier this week, highlighting the conglomerate’s commitment to expanding advanced manufacturing, supporting AI infrastructure, and reinforcing South Korea’s role as a global technology and semiconductor hub.