Samsung invests $230 billion in world's largest chip facility in South Korea.

Samsung plans to invest $228 billion in a new semiconductor complex in South Korea over the next two decades, as part of the country's broader tech investment plan. The South Korean government aims to connect chip facilities in the area from Samsung to other companies to create a "semiconductor mega cluster." The investment will happen over the years to 2042, and the new chip complex Samsung is building will be just outside of the South Korean capital of Seoul.