The Ministry of Science and ICT has finalized the Sixth Basic Plan for Science and Technology (2026–2030), establishing South Korea’s highest-level statutory framework for long-term technological sovereignty and AI-driven growth. Following a formal deliberation meeting by the National Science and Technology Advisory Council, the government committed to investing over 200 trillion won ($128.8 billion USD) in public-funded research and development over a five-year period. Managed under a unified national coordination system led by Deputy Prime Minister and Minister of Science and ICT Bae Kyung-hoon, the comprehensive blueprint marks a sharp shift from prior fiscal discipline programs, introducing stable funding baselines to [...]

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

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