The goal, however, faces potential hurdles including workers’ reluctance to relocate away from Seoul and dispersed supply chains.

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

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

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

Samsung and SK Hynix are pulling a chip-plant buildout forward by a decade to meet AI memory demand. It is the latest and largest sign of the AI capital cycle that has drawn money…

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…

Huge demand for the components that power artificial intelligence presents South Korea with an opportunity to bolster its chip industry against rivals such as China, analysts say.

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 is poised for a significant boost amidst soaring demand for AI components. Analysts highlight this as a crucial opportunity to outpace rivals like…

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,…

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…

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 Korean president frames the push as a race against time to secure the country's domination in AI boom.