Samsung to Invest 140 Trillion Won in Chungcheong, President Lee Praises
Politics||
By Kwon Wook
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President Lee Jae-myung looks at AR glasses ahead of a national briefing on the vision for advanced industry development in the Chungcheong region, held at Samsung Display's Asan Campus in Asan, South Chungcheong, on the 2nd. July 2, 2026. Cheong Wa Dae Press Corps
President Lee Jae-myung offers encouragement to OLED display production line engineers via video ahead of a national briefing on the vision for advanced industry development in the Chungcheong region, held at Samsung Display's Asan Campus in Asan, South Chungcheong, on the 2nd. July 2, 2026. Cheong Wa Dae Press Corps
President Lee Jae-myung tries out a smart car ahead of a national briefing on the vision for advanced industry development in the Chungcheong region, held at Samsung Display's Asan Campus in Asan, South Chungcheong, on the 2nd. July 2, 2026. Cheong Wa Dae Press Corps
President Lee Jae-myung said Wednesday that "Chungcheong has boundless growth potential," adding that "if strategic corporate investment and the government's firm resolve are added here, Chungcheong will stand tall not only as the center of Korea's advanced industries but as a global hub of innovation leading the AI era."
Lee made the remarks after hearing explanations about the Chungcheong investment plans of Samsung, SK hynix, Celltrion and others at the "National Report Session on the Chungcheong Region Advanced Industry Development Vision" held in Asan, South Chungcheong Province, that day.
Lee explained that "the four major advanced industries — semiconductors, displays, secondary batteries and bio — are core strategic industries that will determine Korea's future in the artificial intelligence era, and Chungcheong is precisely the region where these four advanced industries form a single ecosystem."
President Lee Jae-myung poses for a commemorative photo with attendees including Samsung Electronics Chairman Lee Jae-yong and Celltrion Chairman Seo Jung-jin at a national briefing on the vision for advanced industry development in the Chungcheong region, held at Samsung Display's Asan Campus in Asan, South Chungcheong, on the 2nd. July 2, 2026. Cheong Wa Dae Press Corps
President Lee Jae-myung shakes hands with Samsung Electronics Chairman Lee Jae-yong at a national briefing on the vision for advanced industry development in the Chungcheong region, held at Samsung Display's Asan Campus in Asan, South Chungcheong, on the 2nd. July 2, 2026. Cheong Wa Dae Press Corps
President Lee Jae-myung delivers a congratulatory address at a national briefing on the vision for advanced industry development in the Chungcheong region, held at Samsung Display's Asan Campus in Asan, South Chungcheong, on the 2nd. July 2, 2026. Cheong Wa Dae Press Corps
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