South Korean president to unveil massive AI and chip investment drive
South Korea is set to unveil three “mega-projects” to fuel its next growth phase, including a new semiconductor hub in the southwest that local media say could attract investments by Samsung and SK spanning hundreds of billions of dollars over several years.
The announcement would mark President Lee Jae Myung’s boldest push yet to align South Korea’s AI and chip ambitions with his pledge to narrow regional disparities and revive economies beyond the Seoul metropolitan area.
