SAMSUNG ELECTRONICS, SK HERCULES AND THE GLOBAL TECHNOLOGY GIANT AGREED ON A $950 BILLION PARTNERSHIP

ON 25 JULY, KIM YONG FAN, HEAD OF POLICY, OFFICE OF THE PRESIDENT OF KOREA, STATED THAT AN AGREEMENT HAD BEEN REACHED BETWEEN SAMSUNG ELECTRONICS, SK HERCULES AND THE GLOBAL SCIENTIFIC AND TECHNOLOGICAL GIANTS, INCLUDING THE YOUNG WIDA.O, TO LAUNCH A SERIES OF COLLABORATIVE PROJECTS WORTH $950 BILLION. ACCORDING TO KIM YONGFAN, THESE PROJECTS INCLUDE A LONG-TERM AGREEMENT. UNDER THE AGREEMENT, THE SK GROUP WOULD SUPPLY A $750 BILLION HIGH-PERFORMANCE SEMICONDUCTOR TO GLOBAL SCIENCE AND TECHNOLOGY ENTERPRISES, INCLUDING IN WEIDA。