South Korea rolled out sweeping chip and AI mega-projects on Monday, as President Lee Jae Myung pledged to cement overwhelming industry leadership with investments worth more than $576 billion over several years.

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

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…

The announcement would mark President Lee Jae Myung's boldest push yet to align South Korea's AI and chip ambitions with his pledge to narrow regional disparities with a "great…

Local media have reported that the planned investments could exceed 1,000 trillion won (US$651.41 billion) over the coming years.

Lee will preside over the event, framed as a national "great leap" due to be unveiled around 0500 GMT, his office said, with ministries covering industry, science, climate and…

South Korea's President Lee to announce $648 billion AI and semiconductor investment drive led by Samsung and SK Hynix, targeting chips, data centers, and

It is the boldest push yet to align South Korea's AI and chip ambitions with his pledge to narrow regional disparities and revive economies outside Seoul

South Korea anticipates 550 trillion won in private AI data center and semiconductor investment, led by Samsung Group, SK Group, and AWS commitments.

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

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

South Korean tech giants Samsung Electronics and SK Hynix plan to invest a combined $518 billion in a new computer chip manufacturing hub, capitalizing on surging artificial…

South Korea on Monday unveiled a blueprint for three flagship "megaprojects" centered on semiconductors, artificial intelligence data centers and physical AI, s

South Korea is betting nearly 900 trillion won ($583 billion) that the artificial intelligence boom will create enough demand for memory chips to justify buildi

South Korea's chip industry will see a record investment of more than half a trillion dollars as demand soars for the components that power artificial intelligence data centres,…

Samsung, SK Hynix to build new chip fabs under South Korea's $520 billion AI semiconductor initiative to boost production.

South Korea will invest nearly $1.2 trillion -- equivalent to more than two-thirds of its GDP -- in a new chip-building hub and AI data centres over several years, as it seeks to…

Country's president says move comes at 'decisive moment' as AI transforms the global economy

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 plans to invest nearly $1.2 trillion in a new chip-building hub and AI data centres, aiming to capitalise on soaring global demand and develop

SEOUL - South Korea will invest nearly US$1.2 trillion -- equivalent to more than two-thirds of its GDP -- in a new chip-building hub and AI data centres over several years, as it…