Business·Industry

Samsung’s Noh Tae-moon: “Investing 60 trillion won in the Yeongnam region to create 200,000 jobs… to serve as a hub for AX and robotics”

SamsungElectronics and SDS to Establish Humanoid Production Line in Gumi SamsungElectroMechanics to Invest 15 Trillion Won… Strengthening Competitiveness in Printed Circuit Boards and MLCCs SAMSUNG SDI CO.,LTD. to Establish Hub in Ulsan for 'Mass Production of All-Solid-State Batteries Next Year'

[Edaily Reporter Kong Chi-Yu ] Samsung Electronics and Samsung SDS will invest 19 trillion won in Gumi to develop the area into a cutting-edge future manufacturing complex, including the construction of a humanoid robot production base. SamsungElectroMechanics and SAMSUNG SDI CO.,LTD. will also invest 15 trillion won and 16 trillion won, respectively, in Busan and Ulsan to meet demand for artificial intelligence (AI) data centers and energy storage systems (ESS). Samsung plans to create 200,000 jobs in the Yeongnam region through a total investment of 60 trillion won.
Noh Tae-moon, President and CEO of SamsungElectronics, is announcing the investment plan for the Yeongnam region on the 3rd at the “Public Briefing on the Vision for the Development of High-Tech Industries in the Yeongnam Region,” held at the gymnasium of Gyeongsang National University’s Chilam Campus and presided over by President Lee Jae-myung. (Photo: Yonhap News)

Noh Tae-moon, President and CEO of SamsungElectronics, stated on the 3rd at the “Public Briefing on the Vision for the Development of High-Tech Industries in the Yeongnam Region,” presided over by President Lee Jae-myung at the gymnasium of Gyeongsang National University’s Chilam Campus, “We will invest approximately 60 trillion won to foster the region as a leader in manufacturing AI by integrating AI transformation (AX) with key industries in Yeongnam and incorporating robotics.” "We will create 200,000 high-quality jobs in the Yeongnam region by focusing our investments on humanoid robots, AI data centers, and advanced manufacturing," he added.

Looking at the sector-specific investment plans, SamsungElectronics and Samsung SDS will invest 19 trillion won in Gumi to establish mass production lines for physical AI and humanoid robots. They also plan to establish a new AI data center to create a hub equipped with future manufacturing competitiveness.

SAMSUNG SDI CO.,LTD. will invest 16 trillion won in Ulsan to mass-produce all-solid-state batteries for humanoid robots and electric vehicles, as well as batteries for energy storage systems (ESS). SAMSUNG SDI CO.,LTD. aims to begin mass production of all-solid-state batteries next year and plans to establish Ulsan as a production hub for its future core businesses by building a mass production base there.

SamsungElectroMechanics will invest approximately 15 trillion won by 2040 in Busan to strengthen its competitiveness in the package substrates for AI servers and multilayer ceramic capacitors (MLCC) sectors. Through this investment in its Busan facility, SamsungElectroMechanics plans to focus on fostering high-performance, high-value-added products as its core business. It also plans to designate and operate the Busan facility as a key research and development (R&D) and investment hub for next-generation technologies.

SamsungHeavyIndustries plans to invest 10 trillion won in Geoje to build state-of-the-art, high-value-added vessels and marine infrastructure. Through this, the company aims to boost productivity and strengthen the ecosystem, including upstream and downstream partner companies.

CEO Noh revealed specific details regarding the investment in the Yeongnam region that day and requested proactive support from the government. “We hope the government will provide support, such as designating a specialized robotics industrial complex and offering incentives, so that we can operate under conditions comparable to those of our competitors,” CEO Noh said. “We would also appreciate it if the government would expand government-led projects to strengthen the competitiveness of the domestic shipbuilding industry.”

President Noh emphasized, “Through this investment, Samsung will spare no effort in transforming the Yeongnam region into a global physical AI innovation cluster centered on AX and robotics.”

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