Lee Jae-yong: Chungcheong to Become Global Hub for IT Materials and Components

by SEONGJUN JO Posted : July 2, 2026, 11:08Updated : July 2, 2026, 11:08
Lee Jae-yong, chairman of Samsung Electronics, delivers a welcoming speech at the National Report Meeting on the Vision for Advanced Industry Development in the Chungcheong Region, hosted by President Lee Jae-myung in Asan, South Korea.
Lee Jae-yong, chairman of Samsung Electronics, delivers a welcoming speech at the National Report Meeting on the Vision for Advanced Industry Development in the Chungcheong Region, hosted by President Lee Jae-myung in Asan, South Korea. [Photo=Yonhap News]

Lee Jae-yong, chairman of Samsung Electronics, expressed his commitment to developing the Chungcheong region as a key hub for the IT materials and components industry. With the rise of artificial intelligence (AI), the importance of advanced components such as semiconductor packaging and batteries is expected to grow, enhancing the role of Chungcheong's facilities.
On July 2, during a welcoming speech at the National Report Meeting on the Vision for Advanced Industry Development in the Chungcheong Region, held at Samsung Display's Asan Campus, Lee stated, "Chungcheong, at the heart of the nation, will achieve greater growth as a global hub for IT materials and components."
Lee highlighted the transformation of Samsung's operations in the Chungcheong area, noting, "Thirty years ago, Asan was a vast vineyard, but now it has become the world's largest display complex." He also mentioned that the Onyang campus is transitioning from a general semiconductor packaging facility to a cutting-edge HBM fab.
The Sejong campus of Samsung Electro-Mechanics and the Cheonan campus of Samsung SDI were also presented as integral parts of the advanced industry in Chungcheong. The Sejong campus is evolving from general substrate production to a hub for AI server packaging substrates, while the Cheonan campus operates as a key manufacturing base for next-generation batteries.
Samsung has established production bases for displays, semiconductor packaging, substrates, and batteries in the Chungcheong region, creating a structure that connects major processes of the AI hardware supply chain within the area.
Lee remarked, "Samsung's dreams have taken root, grown, and yielded results here in Chungcheong. Proactive investment drives corporate growth, and this growth leads to a virtuous cycle of regional and national development, which we have confirmed in Chungcheong."
He identified materials and components as the key to industrial competitiveness in the AI era, stating, "The future's success hinges on the materials and components that drive AI, which is directly linked to Samsung's future. In this time of shifting global economic dynamics, Samsung will exert every effort to make a significant leap as a leading industrial powerhouse."



* This article has been translated by AI.