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2 clusters · 2 sources · 3 days · First seen · Last updated

Yongin semiconductor industrial development

Overview

Yongin city officials are working to accelerate major semiconductor projects involving Samsung Electronics and SK hynix to maintain a global lead in the memory chip sector. Mayor Lee Sang-il has called for expedited land preparation and construction, noting that the first Samsung fab operation has been moved up to the second half of 2029. The mayor has also emphasized the need for government support regarding power and water supplies.

To support the growing industrial clusters, infrastructure development is underway. Local road improvement projects, including the expansion of Local Road 57 and Local Road 23, have passed preliminary feasibility studies. These projects aim to improve connectivity to the Wonsam-myeon semiconductor cluster and the Advanced System Semiconductor Cluster National Industrial Complex by addressing traffic bottlenecks and safety concerns through tunnel construction and road widening.

Entities

Yongin City · Ministry of Land, Infrastructure and Transport · Gyeonggi Province · Lee Sang-il · Samsung Electronics

Timeline

  1. about 2 hours ago

    [BUSINESS] 2 sources
    Yongin road improvement project passes feasibility study

    Yongin's Local Road 57 improvement project passed a feasibility study, securing vital infrastructure to connect the city center with the Wonsam-myeon semiconductor cluster and SK hynix site.

  2. 3 days ago

    [BUSINESS] 2 sources
    Yongin Mayor pushes to accelerate semiconductor projects

    Yongin Mayor Lee Sang-il is pushing to accelerate semiconductor projects involving Samsung and SK hynix to secure global memory chip leadership and expand regional infrastructure.

Sources

incheonilbo.com · localsegye.co.kr