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…
President Lee Jae Myung on Wednesday called for stronger government role in ensuring universal access to quality healthcare as a prerequisite for narrowing regional disparities and reviving South Kore…
South Korea's plan to build an 800 trillion won ($540 billion) semiconductor hub in the southwest by 2030 faces local backlash over power and water demands, with residents opposing new transmission li…
South Korea's ruling Democratic Party and the government agreed Tuesday to use additional tax revenue from a semiconductor boom to invest in youth and regional development under the 2027 budget plan. …
South Korea's plan to build a new semiconductor hub in its southwest region faces local opposition over massive power and water needs. The Honam semiconductor industrial complex, estimated at 800 tril…
South Korea will launch a sovereign artificial intelligence model specializing in cybersecurity by the end of 2026, Science Minister Bae Kyung-hoon announced Thursday, following U.S. export controls o…
The South Korean government plans to launch a free, unlimited-use AI chatbot service for all citizens by the end of 2025, using a domestic AI model, and aims to upgrade it to personal AI agents by 202…
South Korea targets launching a sovereign AI model for cybersecurity by the end of 2026, Science Minister Bae Kyung-hoon announced at a policy briefing led by President Lee Jae Myung. The plan follows…
South Korea's Lee Jae Myung administration aims to become a top AI powerhouse through three megaprojects including semiconductors and data center hubs, but Nobel laureates and AI researchers warn in a…
President Lee Jae Myung has named former Google Korea executive Kim Tae-won as the inaugural secretary for youth and future, a new office created to address issues affecting young people, presidential…
South Korea will launch a sovereign AI model specializing in cybersecurity by the end of this year, Science Minister Bae Kyung-hoon announced Thursday, citing growing digital security threats and conc…
President Lee Jae Myung said Thursday that better utilizing Korea's strengths could make the nation a global leader in the AI era, calling it "a decisive opportunity" for Korea. The remarks follow the…
South Korean President Lee Jae Myung on Wednesday called for the Ministry of Data and Statistics to serve as the nation's chief data officer and urged broader use of artificial intelligence to identif…
The AI boom has broken the memory market's boom-bust cycle, with DRAM and NAND prices soaring instead of falling, and IDC does not expect relief until 2028. SK Hynix and Micron have tripled revenues i…
South Korea will draw up a record budget of more than 800 trillion won ($530.97bn) for fiscal 2027, financed by stronger tax revenues from the booming AI chip industry, Budget Minister Park Hong-keun …
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 expects a record tax windfall from the AI-driven semiconductor boom, boosting its 2027 tax revenue estimate to 500 trillion won ($331.6 billion), far surpassing an earlier forecast of 412.…
South Korea's push to become a global leader in semiconductors and AI is driving an unprecedented surge in electricity demand, forcing the Lee Jae Myung administration to reconsider its energy policy …
South Korean President Lee Jae Myung pledged Monday to mobilize full government resources to ensure three semiconductor and AI mega projects proceed on corporate timetables, proposing a "future respon…
South Korean chip giant SK Hynix raised $26.5bn in a record-breaking US IPO, the largest-ever debut by a foreign firm in the US, surpassing Alibaba's 2014 listing. The offering was more than seven tim…