South Korea's $880 billion chip and AI infrastructure plan faces power and water constraints around the Yongin Semiconductor National Industrial Complex, which could require 15 to 16 GW at full operat…
Naver launched an AI Tab on June 26, 2026, replacing its search box with a conversational interface, while rival Daum introduced an AI Overview on July 1 using Upstage's Solar model. Naver plans to ad…
Naver and Daum are intensifying competition in AI-powered search by shifting from chatbot-style responses to agent-driven systems that leverage their proprietary data and service ecosystems to execute…
Korean Aerospace Industries (KAI) and Naver signed a memorandum of understanding to jointly develop an AI foundation model for defense applications, combining Naver's AI and cloud technologies with KA…
Korea Aerospace Industries (KAI), Naver, and Naver Cloud signed a memorandum of understanding on July 6, 2026, to develop a defense-specialized AI foundation model and physical-AI systems for South Ko…
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…
SK Hynix announced a US share sale aiming to raise up to $36 billion to fund new chip fabrication plants and ASML equipment. Samsung and SK Hynix are leading a South Korean government initiative to in…
Twelve Labs Inc., a video AI startup backed by Nvidia, raised $100 million in Series B funding co-led by New Enterprise Associates and Naver, with Amazon.com participating. AWS signed a multiyear cont…
Han Seong-sook was sworn in as South Korea's first female prime minister in two decades, succeeding Kim Min-seok. She pledged to ease regulations for AI and tech innovation, and to promote shared econ…
South Korea's government and top tech companies are committing $1 trillion to megaprojects that include $585 billion for new chip fabrication plants, $357 billion for AI data centers, and a push to co…
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…
South Korea unveiled three flagship megaprojects—semiconductors, physical AI, and AI data centers—backed by over 1,350 trillion won in planned investment, but faces challenges in securing workforce an…
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 Korean tech giants Samsung and SK Hynix have committed over $550 billion to build four new memory fabs and an HBM packaging hub, part of a national plan to address the global memory chip shortag…
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…
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…
Samsung Electronics and SK hynix will invest 800 trillion won ($585 billion) to build a semiconductor complex in southwestern Korea, part of a government-private sector initiative to boost AI infrastr…
South Korea unveiled a sweeping infrastructure package to support megaprojects, including an 800 trillion won semiconductor expansion by Samsung and SK hynix, a 550 trillion won AI data center buildou…
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…