South Korea joins forces with Samsung, SK, and other companies to launch a 312 trillion won investment plan focused on semiconductors and the aerospace industry

```htmlGolden Ten Data reported on July 3 that Gu Yuncheol, South Korea's Deputy Prime Minister and Minister of Economy and Finance, announced on July 3 that major companies will invest over 312 trillion won (approximately $204 billion) in the southeastern region (Gyeongsang area) to develop advanced manufacturing and AI industries. According to the specific plan, SK Group, Samsung, Hanwha, and Hyundai Motor will each inject about 140 trillion, 60 trillion, 55 trillion, and 42 trillion won respectively, focusing on semiconductors, AI, and aerospace sectors. LG and Doosan will also follow up with investments. In addition, South Korea has unveiled a national aerospace strategy centered on Sacheon, aiming to create a southern coastal aerospace industry belt.```