Chungbuk Province, Cheongju City, and Hansol Iugnss Sign Investment Agreement
Kim Young Min Reporter
sskyman77@naver.com | 2026-10-23 07:41:40
Demonstrating regional harmony by donating 10 million won to support vulnerable groups in the province during a warm winter.
Recent large-scale investments by outstanding companies in Chungbuk Province have been pouring in sequentially, greatly revitalizing the local economy.
Chungbuk Province announced on the 23rd that it held an investment agreement ceremony at the Chungbuk Provincial Government office for the establishment of new semiconductor component manufacturing, cleaning, and coating production facilities, involving Chungbuk Province, Cheongju City, and Hansol Iugnss Co., Ltd.
The agreement was signed with the attendance of Chungbuk Governor Shin Yong-han, Cheongju Deputy Mayor Shin Byung-dae, Community Chest of Korea Chairman Lee Min-sung, and Hansol Iugnss Co., Ltd. CEO Park In-rae. Hansol Iugnss plans to invest a total of 156 billion won from 2026 to 2029.
Chungbuk Secures 156 Billion Won Investment from Hansol Iugnss for Semiconductor Hub
CHUNGJU / CHEONGJU — Chungbuk Province continues its economic momentum as Hansol Iugnss Co., Ltd. commits 156 billion won to establish a state-of-the-art semiconductor component manufacturing, cleaning, and coating production facility.
An official investment agreement ceremony took place on the 23rd at the Chungbuk Provincial Government building. Key attendees included Chungbuk Governor Shin Yong-han, Cheongju Deputy Mayor Shin Byung-dae, Community Chest of Korea Chairman Lee Min-sung, and Hansol Iugnss CEO Park In-rae.
Key Highlights of the Investment
Investment Period: 2026 – 2029
Total Investment: 156 billion won (~USD 115+ million)
Objective: To build a global core base for ultra-precision semiconductor components, cleaning, and coating technologies, boosting regional supply chain capabilities.
Commitment to Local Community
Alongside the industrial agreement, Hansol Iugnss demonstrated a strong commitment to corporate social responsibility by donating 10 million won to the Community Chest of Korea to help vulnerable local residents have a warm winter.
Provincial officials noted that this strategic investment is part of a continuous wave of major corporate inflows revitalizing the regional economy and positioning Chungbuk as a premier high-tech industrial hub in South Korea.
[ⓒ Global Economic Times. 무단전재-재배포 금지]
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