News Formal

South Korea's SK announces US$195 billion investment for chips, batteries, bio through 2026

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 66%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

SEOUL: SK Group, South Korea\u0027s second-biggest conglomerate after Samsung Group, said on Thursday (May 26) it will invest 247 trillion won (US$195.24 billion) in the semiconductor, battery and biopharmaceutical sectors over the next five years. SK Group, whose affiliates include the world\u0027s second-biggest m

SEOUL: SK Group, South Korea's second-biggest conglomerate after Samsung Group, said on Thursday it will invest 247 trillion won in the semiconductor, battery and biopharmaceutical sectors over the next five years.

SK Group, whose affiliates include the world's second-biggest memory chip maker SK Hynix Inc, said more than half of the investment will go into semiconductors and materials and 179 trillion won will be invested in South Korea to help revitalise the economy.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

South Korea's SK announces $195 billion investment for chips, batteries, bio through 2026SEOUL : SK Group, South Korea's second-biggest conglomerate after Samsung Group, said on Thursday it will invest 247 trillion won ($195.24 billion) in the semiconductor, battery and biopharmaceutical sectors over the next five years.SK Group, whose affiliates include the world's second-biggest memory chip
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »