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South Korea says US companies to invest $2 billion in chip, energy sectors

By GhanaSummary Newsroom1 min read
South Korea says US companies to invest $2 billion in chip, energy sectors

companies have committed a combined $2 billion in investment in South Korea across semiconductors, advanced materials, and energy, Seoul's Industry Ministry said on Friday.

The investments were announced during a ceremony attended by Industry Minister Kim Jung-kwan in Washington on Thursday, according to a ministry press release.industrial gases supplier Air Products will expand semiconductor gas and rare ​gas facilities in Pyeongtaek, and ​chip equipment maker Axcelis will expand production ‌of ⁠ion implantation systems in South Korea, the ministry said.

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