South Korea unveils US$576 billion megaprojects to dominate global AI, chip market

South Korea unveils US$576 billion megaprojects to dominate global AI, chip market

This move is ⁠Lee’s boldest yet to align the nation’s tech ambitions with ‌his pledge to narrow regional disparities and revive economies

“We must secure the core elements of AI faster than any other country,” the president ‌said. “Semiconductors, physical AI, and AI data centres are the triple axis for our great leap forward.”

We must secure the core elements of AI faster than any other country,

Samsung and SK Hynix will invest 800 trillion won (US$518 billion) with suppliers to build two new chip fabrication sites each in South Korea’s southwest region, he said.

← World News