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South Korea greenlights the world's largest semiconductor hub — half the size of Beverly Hills to house six fabs, three power plans, and fab suppliers
Set to challenge Taiwan and the U.S.
The South Korean government has greenlit the Yongin Semiconductor National Industrial Complex three months earlier than expected, which will significantly reduce the project planning timeline, reports BusinessKorea. ConstructionThe construction of the Yongin Cluster, initially planned for 2029, will begin in December 2026, a leap forward of three and a half years. To do so, the Korean government expedited land compensation processes, which are set to start next year, and intends to expand critical infrastructure like roads, water, and electricity as soon as possible.
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