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Latest / Chips, compute and energy

ProgrammeComputeGovernmentSouth KoreaConfirmed

South Korea plans a 300 trillion won chip cluster in Yongin by 2042

See how this story connects

Source: BizWatchAlso reported by Dailian

South Korea’s land and industry ministries announced on 15 March 2023 a new system semiconductor cluster in Yongin, Gyeonggi Province, as one of 15 national high-tech industrial complexes. The plan counts on 300 trillion won of private investment in five fabs by about 2042 and up to 150 supplier companies.

Why it matters

Korea tied its chip policy to a single giant site near Seoul, setting where future logic chip capacity for AI hardware is expected to be built over two decades.

When
15 Mar 2023
ID
WTA-N-2023-0158
Who
Ministry of Land, Infrastructure and Transport, Ministry of Trade, Industry and Energy

Summary by wheresthe.ai, from BizWatch and the reporting credited above. Checked against the source on 9 Oct 2026.

Read the original at BizWatch

Source copy: download the page as saved on 18 Oct 2026 (PDF). Also held by the Internet Archive.

Data to measure this

Compare the years before 2023 with the years since in these series.

  • BACI product-level trade databaseCEPIIHarmonised annual bilateral trade for about 5,000 HS6 products among about 200 countries, including chips.Years: 1995-present · annual · download · CSV · Covers before and after
  • UN ComtradeUnited Nations Statistics Division · paidBilateral goods trade by reporter, partner and product code, for example HS 8542 integrated circuits.monthly · api · CSV, JSON, API

All data for South Korea

Cite this story

WTA-N-2023-0158: “South Korea plans a 300 trillion won chip cluster in Yongin by 2042.” wheresthe.ai, 15 Mar 2023. https://wheresthe.ai/d/kr-yongin-semiconductor-mega-cluster-2023-03/ (source: BizWatch).

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