Son of SoftBank to Invest $4.6 Bil. in Korea for Next 10 Years
Son Jeong-ui (or Masayoshi Son), chairman of SoftBank in Japan, will invest up to 5 trillion won (US$4.55 billion) in Korea for the next ten years. He is reportedly interested in making a large-scale investment in non-memory semiconductor chips so that he could propose a partnership model between Korea and Japan in the Internet-of-Things area. Mr. Son discussed his plans with President Park Geun-hye at Cheongwadae (Presidential Palace) on…