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. …
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…
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…
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 Korean stocks rebounded after Samsung Electronics and SK Hynix announced massive investment plans during a government briefing, with the Kospi recovering from a 3.4% drop to close down just 0.2%…
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…
South Korea announced a 800 trillion won ($585 billion) investment to build a semiconductor complex in the southwestern region, led by Samsung Electronics and SK hynix. The government also plans AI da…
South Korea expects 550 trillion won ($380 billion) in private-sector investment for AI data centers, chips, and other technologies, led by Samsung Group and SK Group. Samsung plans over 1,000 trillio…
Samsung Group and SK Group will announce up to 2,000 trillion won ($1.3 trillion) in decade-long investments at a presidential briefing on June 29, including new semiconductor fabs in Gwangju and an A…
President Lee Jae Myung on Monday was set to unveil large-scale investment plans in advanced tech, including a new chip cluster, as Korea seeks to secure competitiveness in the AI era. Samsung Electro…
South Korean President Lee Jae Myung announced a $649 billion public-private technology initiative on June 29, the largest government commitment to semiconductor and AI infrastructure in 2026. The inv…
Samsung Electronics and SK Group have pledged over 1,000 trillion won ($646 billion) over the next decade to build a massive semiconductor cluster in Gwangju, South Korea, aiming to dominate the AI me…
South Korean President Lee Jae Myung announced three public-private mega-projects totaling about 1,000 trillion won ($649 billion) to develop semiconductors, AI data centers, and physical AI, aiming t…
SK Telecom will invest 738.4 billion won ($477 million) in SK hynix's US-based AI investment vehicle, SK hynix NAND Product Solutions, to strengthen cooperation among SK Group affiliates in AI data ce…
SK Biopharmaceuticals CEO Lee Dong-hoon announced the company is doubling down on AI and open innovation as core growth pillars, following a partnership with Insilico Medicine for AI-driven drug disco…