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According to Money Today [1] the chip center is actually to be located in Yongin, Gyeonggi-do---about a hour away from the center of Seoul. Samsung is the prima
by lifthrasiir 4y ago
According to Money Today [1] the chip center is actually to be located in Yongin, Gyeonggi-do---about a hour away from the center of Seoul. Samsung is the primary investor to this center and will invest 300 trillion won (that's probably where $230B came frome) over next 20 years.
[1] https://news.mt.co.kr/mtview.php?no=2023031511112875044 https://news.mt.co.kr/mtview.php?no=2023031511112875044
- Idiot_in_Vain 4y agoThat's a good thing - Yongin is to the south of Seoul, quite far away from the border with North Korea. Out of range of most North Korean artillery.
- bilekas 4y agoWhat a strange comment. Honestly, if this is what you're worried about those few miles/km's wont matter.
- saiya-jin 4y agoIt may matter tremendously if SHTF, as a difference between few missiles that get trough Patriot defenses hitting some random part of fab vs fab looking like Mariupol steel plant or Bakhmut. russian war in Ukraine gives us some very good lessons is east vs west current warfare, if you care to look for them
- KineticLensman 4y agoThey can hardly continue chip production as if nothing had happened if NK is shelling towns 50km to the North.
- avisser 4y agoI don't think "production during the war" is the point. I believe the point GP is making is that production can continue after hostilities cease if and only if the plant is intact. Being beyond the range of 155mm artillery makes that much more likely.
- seoulmetro 4y agoNorth Korea news is very much propaganda across the world so you shouldn't blame them for bringing up seemingly weird statements. Yeah. It doesn't matter at all.
- SiempreViernes 4y agoSure, but not their conventional missiles. That your high value targets are outside of range of the opponents very cheapest weapon systems seems like a very mild benefit.
- ashwagary 4y agoI always found it interesting that 99% of all high value SK targets are less than 50 miles from the North Korean border. A chip factory located further away, though a good idea, will hardly put a dent in the earlier observation.
- farseer 4y agoEasily within range of bigger rocket artillery. The security point prolly wasn't considered when selecting this location otherwise they would have build it somewhere on their southern coast. Of-course most of the engineering talent is near Seoul, so that leaves them with no choice.
- red-iron-pine 4y agoBut not out of range of longer range rocket or missile arty, nor aircraft or saboteurs. Why can't we build fabs in countries that aren't at risk of fuckery by the CCP?
- sct202 4y agoBecause 'we' are not building the fabs, these people are building fabs in their own countries wherever they want to put them.
- ElectricalUnion 4y ago> Why can't we build fabs in countries that aren't at risk of fuckery by the CCP? Because they have ICBMs and we don't have countries outside of Earth yet.
- pookha 4y agoNorth Korea's not a threat to anything except rogue ROK fishermen. They can hardly get fuel into the country. The citizens have to result to eating tree bark. When one of their soldiers fled to the south he had ten different intestinal parasites...Their entire existence is a charade and it's being milked to sell weapons. Shit is inhumane. And I've been to Seoul dozens of times. A lot of the locals are afraid of reunification because it might tank their condo values (or at least that's what I was told).
- ethanbond 4y agoArtillery launched by a sickly army can still do plenty of damage on an urban center. And definitely on a high tech manufacturing facility.
- pphysch 4y agoHow does going to Seoul tell you anything about the facts-on-the-ground in a neighboring country? Seems like a non sequitor.
- pookha 4y agoI was saying that because -- in my humble opinion -- the ongoing farce with North Korea is as much on the ROK as it is with the US...There's a significant segmentation of South Korean's that are just as unlikely to push for re-unification as the US. They're glad to play the game with the Pentagon if that means their bottom line isn't hurt. Which is wild. There's a huge portion of Korea that's been locked into hell for sixty+ years. Enough with the bullshit.
- bane 4y agoFor those who don't know much about SK, Yongin is a city of over a million that's right next to/south-east of Seoul -- considered sort of the major suburb region. It's about as large as Seoul area-wise, but is one of the fastest growing urban areas in the country. Thus it has generally better infrastructure planning, roads, newer buildings, slightly more affordable housing, etc. making it very desirable as a location for families to live in with not terrible commutes into Seoul if needed (about an hour). Seoul, while an amazing and dynamic city, can be a bit of an urban snarl. The layers of urban development, especially the post-war decades can be a bit dodgy, expensive and not all that great to raise a family in. Living-in, or commuting to Yongin is far more desirable than Seoul at the moment.
- seoulmetro 4y agoComparing "Seoul" to "Yongin" is not very good in the grand scheme of things. Seoul has a metro area which doesn't include Yongin, but it would be unwise to consider Yongin outside of Seoul since it's basically a satellite city connected to Seoul. The name for this is Gyeongi but that's another thing. Most of Gyeongi is still basically Seoul in natural form. The same way Greater London is part of London but separate from the City of London. Because Seoul is so big, it's more akin to calling Yongin a "suburb" of Seoul, and Yongin has its own suburbs. Seoul and Yongin compared area wise would be the worst since you have to first set the definition of Seoul. Seoul covers Yongin in most natural definitions of a city, but in reality the Seoul inner region is its own and is obviously tiny. It's better to call it Seoul metro area (Seoul Capital Area). Yongin is an old city, it doesn't have better infrastructure planning at all, but it doesn't have a lot of super old infrastructure which is great for future planning. Be it due to budget or just slow crawl of improvement, who knows. It's desirable because it has everything you need, now including Costco, IKEA, etc. and it's got land. That's all. Your last answer is weird. There's nothing better about Yongin than living in Seoul, except for possibly commutes. It's all a matter of perspective and negatives. I don't think either are objectively better but living in Seoul is definitely more sought after and "higher" status.