South Korea plans a $6.5 billion investment pool and faster defense procurement to develop 50 advanced security technology companies by 2030.

President Lee Jae Myung on Friday unveiled an ambitious plan to build South Korea's own generation of security-technology champions, seeking to cultivate compan

South Korea plans a $6.5 billion investment pool and faster defense procurement to develop 50 advanced security technology companies by 2030.

South Korea will unveil a reported $649 billion investment plan spanning chips, AI data centers and physical AI, led by Samsung and SK Group.

Samsung and SK Hynix plan $650B to $1.3T in semiconductor investments over the next decade, targeting AI chip fabs, data centers, and robotics

Investment fund dwarfs America's $52 billion semiconductor investment CHIPS Act