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[South Korea Teams Up with Samsung, SK, and Other Companies to Launch a 312 Trillion Won Investment Plan, Focusing on the Semiconductor and Aerospace Industries] Odaily Planet Daily News, July 3: South Korean Deputy Prime Minister and Minister of Economy and Finance Choo Kyung-ho announced plans to drive major companies to invest over 312 trillion won (approximately $204 billion) in the southeastern Yeongnam region to develop advanced manufacturing and AI industries. According to the detailed plan, SK Group, Samsung, Hanwha, and Hyundai Motor will inject approximately 140 trillion won, 60 trillion won, 55 trillion won, and 42 trillion won, respectively, focusing on sectors such as semiconductors, AI, and aerospace. LG and Doosan will also follow up with investments. Additionally, South Korea unveiled a national aerospace strategy centered on Sacheon, aiming to establish a southern coastal aerospace industry belt. (Jin10)

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