South Korea's President Lee unveils $518 billion semiconductor plan with Samsung and SK Hynix building four new fabs in the southwest as part of an AI-chip

Samsung Electronics Co. and SK Hynix Inc. are each expected to build four to five semiconductor fabs in the Gwangju area.

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

Korea's chipmakers — Samsung Electronics and SK hynix — and the government will invest 800 trillion won ($585 billion) to establish a semiconductor...

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

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'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.

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.

Samsung Electronics and SK hynix will invest 800 trillion won ($585 billion) to establish a semiconductor complex in the country's southwestern reg...

Samsung Electronics and SK hynix will invest 800 trillion won ($519 billion) to establish a semiconductor complex in the country's southwestern reg...

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 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…

South Korea plans to develop a new semiconductor production base in the country's southwestern region through 800 trillion won (US$517.9 billion) in corporate investments, …