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South Korean semiconductor industry expansion

Updated 3 times since CLSTR started tracking revisions of this situation.

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2026-09-02 02:05 UTC → 2026-09-17 03:03 UTC · added removed

South Korea is expanding its semiconductor manufacturing sector through private investment and large-scale government-led initiatives. Hanmi Semiconductor is investing 130 billion won to establish its eighth manufacturing plant in the Juan National Industrial Complex in Incheon to meet demand for AI and High Bandwidth Memory (HBM) equipment. The plant is targeted for equipment, with mass production in targeted for the second quarter of 2027. In the Honam region, the Jeonnam Gwangju Integrated Special City and SK hynix have initiated collaborative efforts are collaborating to establish a regional production hub. Discussions between Mayor Min Hyeong-bae and SK hynix CEO Kwak Noh-jung focused on developing a national industrial complex at the Gwangju military airport site. The plan involves breaking ground on four semiconductor fabs across approximately 2.5 million pyeong, aiming for a mass production system by 2030. CEO Kwak noted that “a large-scale project cannot be promoted by the strength of a company alone,” prompting pledges for proactive administrative To support regarding land, power, this, the region is launching the ‘Honam Region Regional Autonomous R&D Project,’ allocating 13.1 billion won this year to develop AI-based advanced packaging and water infrastructure. high-reliability power semiconductor technologies. Additionally, the Korea Land and Housing Corporation (LH) is advancing the Yongin Advanced System Semiconductor National Industrial Complex. LH is has scheduled to begin preliminary works, including logging and cultural heritage surveys, to begin this October. To meet the goal of breaking ground on the first fab by 2028, LH has accelerated administrative procedures and Land compensation is nearly completed land compensation, complete, with 99% of the target area processed through negotiated acquisition or expropriation rulings. processed. The complex complex, covering approximately 7.78 million square meters, will eventually feature six fabs and fabs, supporting infrastructure for materials and equipment. equipment, and three power generation facilities. LH aims to finalize all compensation processes within the year to maintain the goal of breaking ground on the first fab by 2028.

Versions

  1. 2026-09-17 03:03 UTC South Korean semiconductor industry expansion
  2. 2026-09-02 02:05 UTC South Korean semiconductor industry expansion
  3. 2026-09-01 03:36 UTC South Korean semiconductor industry expansion
  4. 2026-08-23 11:30 UTC South Korean semiconductor industry expansion

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