Samsung and SK Hynix prepare $700 billion mega plan for AI, robotics, and semiconductors

A massive investment plan of over $700 is on the verge of unveiling in South Korea; it’s led by Samsung Electronics and SK Hynix, covering AI, robotics, and semiconductors.

Samsung boss Lee Jae-yong and SK Group Chairman Chey Tae-won are expected to show up in person at the “National Report on the Three Mega Projects for a Great Leap Forward of the Republic of Korea” event at the Blue House on June 29.

The companies could unveil investment plans worth more than 1,000 trillion won, or over $700 billion. That is an eye-watering figure by any standard, and the focus appears to be on pushing high-tech development beyond the Seoul area.

One of the headline items is a semiconductor cluster in Honam, along with broader infrastructure spending. The plan is said to revolve around three main pillars: semiconductors, physical AI and robotics, and large-scale AI data centers.

Chips remain the foundation, AI is driving demand for more computing power, and robotics is quickly moving from a niche topic to a serious industrial battleground.

Samsung has been leaning harder into advanced semiconductor manufacturing, AI chips, and future computing platforms, and this kind of national-scale push could give it more room to build out the ecosystem around those businesses.

The government has framed the initiative as a joint effort with major companies to create new growth engines outside the capital region.

Kim Yong-beom, Senior Secretary for Policy Planning at the Blue House, said the talks are in their final stage and that the confirmed plans will be presented publicly with companies and ministries together.