S. Korea plans to launch a $13.6 billion KIC investment next year to provide long-term equity capital for AI, semiconductors and other industries.

The government will launch a 20 trillion won ($13.9 billion) sovereign wealth fund next year to make long-term investments in strategic domestic in...

S. Korea plans to launch a $13.6 billion KIC investment next year to provide long-term equity capital for AI, semiconductors and other industries.