Business · Companies · 5 hrs ago
South Korea expects Honam chip plant locations to be set this month
South Korea expects to settle factory locations for its Honam semiconductor cluster this month, Industry Minister Kim Jung-kwan said.
The proposed cluster is in the Honam region, and the plans involve semiconductor manufacturing plants, or fabs.
Companies have not said they will withdraw their investments, Kim told lawmakers, adding that they want the project to move quickly.
The factory layout is a starting point for other arrangements, including agreements for an industrial complex.
The cluster's progress is tied to South Korea's semiconductor competitiveness, including how quickly its plants are completed alongside those in Yongin.
Kim said the broader picture for relocating and allocating the military airport could become clearer by the end of this year or in 2027.
Some construction could be considered before the airport moves, in areas where work is possible.
South Korea’s industry minister said locations for fabs in the Honam semiconductor cluster are expected to be finalized this month.
Minister Kim Jung-kwan said fab placement is a starting point for other parts of the project, including an industrial complex agreement.
He said the speed of completing fabs in Honam and Yongin is closely linked to the country’s semiconductor industry competitiveness.
Kim said the overall outline for relocating the military airport and deciding its arrangements is expected around the end of this year or in 2027.
He said companies have not expressed any intention to withdraw their investments and want to move ahead quickly.
- Who
- South Korea’s Industry Minister Kim Jung-kwan discussed the Honam semiconductor cluster.
- What
- The locations for the cluster’s semiconductor fabs are expected to be finalized this month.
- When
- Kim made the remarks on November 10, 2026; fab locations are expected to be finalized within the month.
- Where
- The Honam region of South Korea.
- Why
- Fab placement is a starting point for other project steps and is linked to the country’s semiconductor industry competitiveness.
This story does not have two clearly opposing sides.
Kim Jung-kwan told a parliamentary committee that fab placement details are expected to be finalized within the month.
Kim said the overall outline for the military airport relocation and its arrangements is expected to emerge.
- Fab placement decision
- Expected by the end of November 2026
- Project
- Honam semiconductor cluster
- Minister
- Kim Jung-kwan
- Related fab location
- Yongin
- Airport relocation outline
- Expected around the end of 2026 or in 2027
1 source
What people are saying
There has been absolutely no intention by companies to withdraw their investments, and they think we should move ahead even a day sooner.
The content is expected to be finalized within this month.