President Lee Jae Myung said Wednesday Korea should identify and nurture new growth engines in the new era of artificial intelligence (AI) and beyond, positioning seven future industries as drivers of future economic growth and key national strategic assets. The president made the remarks at a meeting to designate seven industries as "seeds" for the country's future growth and explore ways to nurture them as the country's new growth engines, in addition to semiconductors. Korean chipmakers have posted record-high revenues over the past several quarters amid soaring demand for semiconductors for AI application. Seoul now seeks to identify new sectors to sustain the semiconductor boom by designating seven future-oriented sectors as strategic areas for the future economy and national security. They are small modular reactors (SMRs), nuclear fusion, renewable energy, quantum technology, aerospace, advanced biology and supply chains for advanced materials and components. "By making the best of the rare opportunity provided by the semiconductor industry, we should prepare the next engines of gr
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