Gwangju in Jeollanam-do plans to sign a settlement agreement with SK Hynix in October and continues negotiations for Samsung’s investment.
智通财经2026/09/25 02:36Show original
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According to foreign media reports citing consultations between Jeonnam-Gwangju Special Self-Governing City and chip manufacturers, SK Hynix has expressed a strong intention to secure the largest possible land area for production; while Samsung Electronics has emphasized the need to accelerate the pace of investment implementation. In response to the demands of both companies, the integrated city plan will prioritize providing approximately 2.08 million square meters of immediately developable land within the national industrial park, which has a total area of 8.26 million square meters. The integrated city is scheduled to sign a settlement agreement with SK Hynix in October, using this as an opportunity to launch comprehensive consultations on investment implementation, covering development strategies, plant construction, and supporting infrastructure. The local authorities plan to continue negotiations with Samsung through on-site inspections and high-level talks on October 6.
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