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# South Korea is in talks with Samsung and SK Hynix over a second chip cluster

**[The Next Web](https://daily.dev/sources/tnw)** · 4 min read · 0 upvotes · 0 comments

## Summary

South Korea's government is in active talks with Samsung and SK Hynix about building a second large-scale chip manufacturing cluster, driven by explosive AI-fueled demand for memory chips. A presidential adviser indicated that AI orders could accelerate construction timelines by over a decade, potentially bringing new capacity online by 2034–2035. The key challenges are finding a suitable site with adequate land, power, and water, and aligning with President Lee Jae-myung's regional development goals. No financial figures have been officially confirmed, though Korean media reports suggest investments could reach hundreds of trillions of won. The chip boom is also raising domestic policy debates about wealth distribution, housing inflation risks, and labor relations.

## Full article

daily.dev links to this article rather than hosting it. Read it at the original source: <https://thenextweb.com/news/south-korea-chip-investments-samsung-sk-hynix>

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---

Tags: [#gpu](https://daily.dev/tags/gpu), [#samsung](https://daily.dev/tags/samsung)

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