Korea will build the world's biggest semiconductor cluster in Gyeonggi Province by 2047 as Samsung Electronics, SK hynix and other chip companies plan to invest a total of 622 trillion won ($471 billion) to build 16 new fabs, creating more than 3 million jobs, according to the Ministry of Trade, Industry and Energy, Monday.
Remember that Taiwan is a big player in the semiconductor market, and their fate will always be kinda risky because of China.
This is a way to spread out the eggs to other baskets, so the world is not so reliant on a small independent (for now) country.