Samsung Electronics Chairman Lee Jae-yong said today (July 2) that "the Chungcheong region, the heart of the nation, will achieve even greater growth as a global hub for IT materials and components."

In his welcoming remarks at the National Report on the Development Vision for Advanced Industries in the Chungcheong Region held in Asan, South Chungcheong Province, today, Chairman Lee stated, "We have been able to witness in Chungcheong a model of a virtuous cycle where preemptive investment drives corporate growth, and that growth leads to the development of not only the region but the entire nation."

He also reflected on Samsung's investments in the Chungcheong region to date, noting, "Samsung's dreams have taken root, grown, and borne fruit here in Chungcheong."

Specifically, he noted, "About 30 years ago, this area in Asan was a vast vineyard, but now it has become the world's largest display complex," adding, "The Onyang Campus, which was mostly fields, is transitioning from a center for general-purpose semiconductor back-end processes to a global, state-of-the-art High Bandwidth Memory (HBM) fab."

He continued, "The Samsung Electro-Mechanics Sejong Campus also started from scratch and has moved beyond producing general circuit boards to now manufacturing cutting-edge package substrates for AI servers," and explained, "The Samsung SDI campus in Cheonan is being operated as a key manufacturing base for next-generation batteries."

Regarding Samsung's investment plans for the Chungcheong region, Chairman Lee emphasized, "The future success of the AI era depends on the materials and components that power AI, so it is directly linked to Samsung's own future."

He added, "As President Lee Jae-myung mentioned a few days ago, this is a critical time when the global economic landscape is shifting," and concluded, "Samsung will devote its utmost efforts to making a great leap forward into a powerhouse of super-gap industries."

(Photo: Yonhap News)