South Korea unveils an 800 trillion won ($520B) semiconductor initiative, building four new chip fabs with Samsung and SK Hynix plus three AI data centers.

South Korea’s Samsung plans a $650b investment over 10 years, expanding semiconductor complexes, AI infrastructure and memory chip plants.

Chip giants poised to announce as much as 2,000 trillion won (S$1.7 trillion) in fresh investments over a ten year period. Read more at straitstimes.com. Read more at…