POPA ReconSouth Korea is Becoming the “Chip Republic”
South Korea is Becoming the “Chip Republic” Samsung and SK Hynix, in partnership with the government, have announced the creation of a second mega-cluster for the production of HBM, DRAM, and other AI chips. The total investment volume is $520 billion. The government is providing tax incentives, infrastructure support, and accelerated approvals. Readiness — in the 2030s. Location — a major industrial belt in the Jeolla region (southwest of the country). —— In 2024, the world’s largest first mega-cluster was announced with an investment of approximately $470 billion. It is a partnership…
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