A poster to celebrate being chosen to be the industrial complex for chip facilities is hung up in Namsa Village, Yongin City, Gyeonggi Province [Photo by Park Hyung-ki]A small village in Yongin City, Gyeonggi Province, is drawing public attention after Samsung Electronics Co. announced plans last week to invest 300 trillion won ($229.1 billion) to build chip facilities in the region by 2042 as part of a project by the South Korean government to build the world's largest high-tech cluster for system chips in the town.

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