South Koreahánguó韩国to announcexuānbù宣布$88 billion880 yì měiyuán880亿美元artificial intelligenceAIAIchipxīnpiàn芯片ten yearsshíniàn十年investmenttóuzī投资planjìhuà计划。
June 30, 2026 at 7:16 PM
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Science & TechnologySouth Korea Announces $880 Billion AI and Semiconductor Investment Plan
South Korean President Lee Jae Myung unveiled a decade-long national strategy committing at least $880 billion to AI, semiconductors, and robotics. Samsung and SK Hynix will invest approximately $518 billion in four new memory chip fabrication plants.
South Korean President Lee Jae Myung announced an ambitious ten-year investment plan totaling at least $880 billion on June 30. The plan focuses on three interconnected "mega projects": semiconductors, artificial intelligence data centers, and physical robotics. Samsung and SK Hynix have committed to investing approximately $518 billion to construct four new memory chip fabrication plants in the Gwangju and Jeolla regions. These manufacturing facilities will become critical global hubs for chip production. The strategy aims to solidify South Korea position as a world leader in semiconductor markets. Industry observers believe this investment will accelerate AI technology development across the Asia-Pacific region.
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