Despite committing a combined 4,755 trillion won ($3.05 trillion) to semiconductor and artificial intelligence (AI) infrastructure investments in s...

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

The chip giants are expected to unveil the package when their leaders present the plans at the presidential office on June 29. Read more at straitstimes.com. Read more at…

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

The projects will include a semiconductor cluster, physical artificial intelligence, and gigawatt-level AI data centers

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

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 and SK Hynix, backed by the South Korean government, are pouring $590 billion into new chip factories and packaging centers as AI data center demand surges. According to…

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…