South Korea's SK announces $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%

United States News News

United States United States Latest News,United States United States Headlines

SEOUL : 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

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 US

United States United States Latest News, United States United States Headlines