South Korea President Lee Jae Myung announced a $518 billion plan to build a chip production cluster in the southwest, with Samsung and SK Hynix constructing four new fabrication plants. The initiativ…
Samsung and SK hynix reaffirmed plans to invest about 800 trillion won ($518 billion) to build new semiconductor fabs and AI data centers in Korea's southwest, citing surging AI-driven memory demand. …
Samsung Electronics and SK Hynix pledged 3,200 trillion won ($2.07 trillion) in investments to expand South Korea's memory chip production capacity, betting on sustained AI demand. The plan, supported…
Han Seong-sook, Korea's soon-to-be prime minister, is expected to accelerate the country's AI transformation as President Lee Jae Myung pushes to make Korea a top-three AI power. The parliamentary com…
South Korean President Lee Jae Myung nominated Han Seong-sook, currently minister of SMEs and startups, as prime minister nominee, citing her IT and startup experience as suited to lead an 'AI transfo…
President Lee Jae Myung traveled to Gwangju to launch South Korea's 'artificial intelligence industrial revolution,' backed by massive investments from Samsung Electronics and SK hynix in chips, AI da…
South Korea announced a $518 billion semiconductor push to maintain its technological edge over China, led by Samsung Electronics and SK Hynix. The plan includes building a second chipmaking hub in th…
South Korea's Industry Minister Kim Jung-kwan announced on June 29 that Samsung Electronics and SK Hynix will invest 800 trillion won ($518.3 billion) to build a semiconductor cluster in the southwest…
South Korea's government and tech companies, including Samsung and SK Hynix, are investing $1 trillion in megaprojects to boost memory chip production, build AI data centers, and deploy humanoid robot…
South Korea announced a 800 trillion won ($517.9 billion) plan to build a new semiconductor cluster in the Gwangju and Jeolla regions, aiming to ease infrastructure pressure and meet global chip deman…
South Korea announced a $880 billion investment plan over a decade to dominate the AI era, focusing on semiconductors, AI data centers, and robots. President Lee Jae Myung unveiled the package on Mond…
Samsung Electronics and SK Hynix are investing at least 1,350 trillion won ($880 billion) in chips and data centers, with potential plans to increase spending to 2,000 trillion won ($1.3 trillion) ove…
Samsung Electronics and SK Hynix announced a combined 800 trillion won ($518 billion) investment to build a new chipmaking hub in southwestern South Korea, aiming to meet surging AI-driven demand for …
South Korean President Lee Jae Myung announced a sweeping industrial strategy with over $1 trillion in investments for semiconductor chips and AI projects, aiming to secure the country's leadership in…
South Korea's science ministry announced a plan to invest over 650 trillion won ($650 billion) in AI data centers by 2035, aiming to secure a leading position in physical AI. Minister Bae Kyung-hoon o…
South Korean President Lee Jae Myung announced a $518 billion semiconductor megaproject on June 29, including four new memory chip fabs, an HBM packaging hub, and over 1 quadrillion won in AI data cen…
South Korea announced an 800 trillion won ($520 billion) semiconductor investment plan, the largest in history, to build four new chip fabrication plants and three AI data centers. Samsung Electronics…
Seoul stocks ended mixed Monday as foreign selling weighed on the KOSPI, while President Lee Jae Myung's $518 billion semiconductor cluster plan sparked a rally in the Kosdaq. The Korean won weakened …
South Korea announced nearly 900 trillion won ($583 billion) in semiconductor investments led by Samsung Electronics and SK hynix, including four new memory fabs in the southwest and HBM packaging hub…
South Korea unveiled a blueprint for three flagship megaprojects centered on semiconductors, AI data centers and physical AI, with investments totaling over 1.8 quadrillion won ($1.2 trillion). Presid…