Samsung Group will invest 1,000 trillion won ($648 billion) over the next decade. The strategy targets high-tech sectors including chip manufacturing, AI data centers, next-generation batteries, and robotics. This plan aims to bolster South Korea’s economic growth and secure leadership in the AI era.
Samsung shares fell 5.3% on Friday following recent record highs. Traders in Asian markets engaged in profit-taking after significant AI-driven rallies earlier in the week. The broader market decline also affected competitor SK Hynix. Analysts attribute the price drop to market volatility rather than the long-term investment announcement.