The government and chip companies are planning to establish a massive semiconductor cluster in the Jeolla region, separate from the current one near the capital, the presidential policy chief said Wednesday, citing abundant electricity and water in the southwestern provinces. He also stressed the need to start public discussion on how to share the benefits of the artificial intelligence (AI) era, saying the issue comprises social networks, labor policy and excess tax revenue generated by the booming AI-related industries. Speaking at a forum hosted by Kwanhun Club, an association of senior journalists, presidential adviser for policy Kim Yong-beom said the AI boom presents an opportunity to redraw Korea's industrial geography, drawing a parallel with how a manufacturing cluster in the southeastern region transformed Korea into an industrial powerhouse decades ago. He said the demand for chips has skyrocketed and companies are being pressed to advance their plans to construct relevant plants and facilities. While Samsung Electronics and SK hynix are currently building massive semiconduct
Korea nears unveiling of next chip hub outside Seoul area