00:03한국의 top story isn't just an industry story it's a signal about where the economy is heading 112 companies just
00:12pledged 23.6 trillion won in new money outside seoul
00:17samsung is raising its biggest regional bet and the state wants private capital to follow
00:23it's friday november 13 let's get into one of korea's top economic stories today president lee jame young broke
00:32ground on thursday on the first regional mega project in the chungchung region the plan targets
00:38semiconductors bioscience and other strategic industries outside the capital samsung electronics
00:45chan on campus is the anchor site here's what the numbers show 23.6 trillion won about 17.7 billion
00:54dollars in additional investment comes from 112 companies that sits on top of 392 trillion won
01:02roughly 294.6 billion dollars already planned for the region samsung raised its chan on campus
01:10commitment from 140 trillion won to 144 trillion won about 108.2 billion dollars hbm packaging is the
01:20core of that expansion separately nvidia chief executive jensen wong is stepping down after an
01:26emergency board meeting so what does this mean for readers following korea's economy earlier we said
01:33this story is a signal about direction here's what that actually means for you investment is
01:39being steered away from greater seoul toward regional chip and bio clusters with corporate
01:45money matching state policy whether other regional mega projects draw similar corporate pledges
01:52how fast samsung built out hbm packaging in chan on whether nvidia's leadership change spills into
01:59korean chip stocks that's today's ai prism front page daily this episode was produced with ai
02:06assistance based on seoul economic daily reporting and reviewed by a human editor ai prism is a
02:12swan ifra award winning series we'll be back tomorrow
02:15you
