South Korean billionaire Jay Y. Lee's Samsung starts $900 million AI chip plant

Billionaires Africa | 12.11.2026 13:52
Samsung Electronics Co., led by South Korean billionaire Jay Y. Lee, has broken ground on a $900 million plant to package high-bandwidth memory chips at its Onyang campus and raised its planned investment in the country's central Chungcheong region to 144 trillion won ($107 billion).