President Lee Jae Myung will preside over a meeting Monday at 2 p.m. to discuss the prompt implementation of a large-scale investment initiative for semiconductor manufacturing facilities and AI data …
South Korean companies and U.S. technology firms announced AI semiconductor cooperation projects valued by Seoul at a reported $950 billion during a July 24 San Francisco summit hosted by President Le…
Korean tech conglomerates Samsung, SK Group, and Hyundai Motor Group expanded AI and semiconductor partnerships with U.S. Big Tech firms to $950 billion during President Lee Jae Myung's visit to San F…
South Korean conglomerates and global tech giants, including Nvidia Corp., agreed Friday to pursue cooperation projects worth US$950 billion, presidential chief of staff for policy Kim Yong-beom said.…
South Korean conglomerates and global tech firms, including Nvidia Corp., agreed Friday on cooperation projects worth $950 billion, presidential chief of staff for policy Kim Yong-beom said. SK Group …
Samsung Electronics Co. and SK Hynix Inc. are set to announce major chip supply deals with leading US technology companies during President Lee Jae Myung's visit to Silicon Valley, a senior presidenti…
President Lee Jae Myung will depart Friday for a five-nation trip including meetings with OpenAI CEO Sam Altman and Nvidia CEO Jensen Huang in San Francisco, state visits to Brazil, Chile, and Argenti…
South Korea plans to build the Honam semiconductor complex, an 800 trillion won ($540bn) chip hub in the rural southwest, by 2030, but the region lacks the electricity and water to support it. The clu…
Presidential Chief of Staff for Policy Kim Yong-beom said Tuesday that artificial intelligence should be treated as a basic right, as South Korea's Ministry of Science and ICT detailed its "AI for Eve…
Presidential Chief of Staff for Policy Kim Yong-beom said Tuesday that South Korea must lay the foundations for a self-sustaining AI ecosystem, treating AI as a "basic right." The government proposed …
South Korea is considering building new nuclear power plants to support semiconductor projects, data centers, and physical AI, as electricity demand is expected to rise faster than renewable energy ex…
South Korea policy chief Kim Yong-beom defended a 10-year national AI strategy on July 6, tying semiconductor, AI data-center and physical-AI projects to long-term investment plans from Samsung Electr…
Samsung Group and SK Group's chipmaking units face fresh calls to share excess profits after committing 4,755 trillion won to semiconductor and AI infrastructure. Politicians propose profit-sharing me…
South Korea announced an 800 trillion won ($585 billion) investment in a semiconductor cluster in the Honam region, targeting HBM and advanced packaging fabs by 2034-2035. The project, led by Samsung …
Samsung Group is reportedly planning a long-term investment of up to 1,000 trillion won ($646 billion) in semiconductors, AI, batteries, and displays, aiming to expand South Korea's industrial base be…
South Korea's government is in talks with Samsung Electronics and SK Hynix about building a second chip cluster, driven by explosive AI demand that could require new fab construction by 2034-2035. Pre…
South Korea's presidential policy chief Kim Yong-beom announced plans for a new semiconductor cluster in the Jeolla region, citing abundant electricity and water, and called for public discussion on s…
South Korea's government is negotiating large-scale semiconductor investments with Samsung Electronics and SK Hynix, with an announcement expected soon. Presidential policy adviser Kim Yong-beom cited…
South Korea is nearing an announcement on a new semiconductor production cluster outside the greater Seoul area as the government, Samsung Electronics and SK hynix move to expand capacity for the AI e…
South Korea's presidential policy chief Kim Yong-beom called for aggressive investment in AI infrastructure, including electricity, land, and industrial ecosystems, to boost the country's potential gr…