Korean Maeil Business Newspaper reports Samsung and SK Group's combined investment plans over the next 10 years may total 2,000 trillion won (about $1.3 trillion).

As part of South Korea's President Lee flagship industrial strategy, Samsung Group and SK Group are preparing to announce an investment programme of up to 2,000 trillion won (about $1.3tn) over the next decade. Reports say Samsung and SK Hynix would each build four to five semiconductor fabs in Gwangju. Samsung also plans a chip packaging plant in Chungcheongnam-do; SK Hynix is set to expand a NAND plant in Chungcheongbuk-do.

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