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LG to Invest $6.2B in South Korea's Yeongnam Region for AI and Advanced Manufacturing

AI Industry News

2026-07-03 08:07:21

According to Chosun Daily, LG announced on July 3 a plan to invest 9.4 trillion won (approximately $6.15 billion) in South Korea's Yeongnam region by 2030 to strengthen AI infrastructure and advanced manufacturing. The investment will focus on AI data centers, optical technology, AI semiconductor core substrates, and next-generation displays, with affiliate projects centered in Changwon and Gumi.

Yeongnam comprises five areas: Busan, Daegu, Ulsan, North Gyeongsang, and South Gyeongsang, with portions already functioning as industrial hubs.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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