Haesung DS Decides on 63.6 Billion KRW Investment

[Asia Economy Reporter Kwon Jaehee] Haesung DS announced on the 27th that it has invested 63.6 billion KRW in semiconductor substrate manufacturing machinery and buildings. This amount corresponds to 21.61% of its equity capital.

The investment period is from May 27, 2022, to November 30, 2024.

The company explained the purpose of the investment as "securing a foundation for sales expansion through increased workspace efficiency and expansion of production facilities."