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The government has decided to build the world's largest semiconductor industrial park in the metropolitan area over 20 years. This is a large-scale investment plan that comes amid recent competition between the United States and other countries to attract semiconductor facilities.

Reporter Je Hee-won will explain the details.

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It is the area of Namsa-eup, Yongin-si, Gyeonggi-do, which has been designated as a production base for system semiconductors.

By 2042, the government plans to host more than 710 related materials, components, and equipment companies, research institutes, including five state-of-the-art semiconductor manufacturing plants, on a 5.150 million square meter site.

It is about 20% larger than Giheung, Hwaseong, and Pyeongtaek in Gyeonggi-do, where the existing Samsung Electronics factory is located, and a large-scale cluster is created when it is connected to Pangyo, where IT companies gather.

[President Yoon Seok-yeol: First of all, based on large-scale private investment of 300 trillion won, we will build the world's largest new high-tech system semiconductor cluster in the metropolitan area.]

In order to improve the vulnerability of being biased towards memory semiconductors and not responding to the demand for advanced semiconductors, the new complex in Yongin will focus on non-memory and system semiconductors with higher added value.

Samsung plans to invest KRW 20 trillion over 300 years to build this semiconductor complex.

[Kihyun Ahn/Executive Director of Korea Semiconductor Industry Association: (Semiconductor) prices have halved compared to last year. Exports have halved. It's a question of when they recover. Consumers' inventories are shrinking, so there is hope....]

Recently, the United States, China, and Japan are competing to attract semiconductor production facilities in their countries with government support, so it is meaningful that large-scale investment is being made in Korea.

In order to address concerns about the concentration of industrial parks in the metropolitan area, we decided to create high-tech national industrial parks in 14 non-metropolitan areas that connect the key industries of each local government.

(Video Interview: Joo Bum, Video Editor: Jeon Min-kyu, VJ: Park Hyun-woo, CG: Lee Joon-ho)