How South Korea’s AI megaprojects aim to ‘maintain edge’ over China, meet demand
ONP Summary
President Lee Jae Myung announced a comprehensive investment initiative spanning semiconductors, AI data centers, and physical AI research, with major chipmakers Samsung Electronics and SK Hynix committing substantial capital for new fabrication facilities. The planned concentration of manufacturing infrastructure in the Gwangju region aims to advance technology competitiveness while reducing economic disparities between Seoul and the rest of the nation.
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South Korea’s US$518 billion semiconductor push aims to tap the artificial intelligence boom into a durable industrial advantage and keep up with leading rival China, according to observers.
The plan is intended to secure supplies of advanced memory chips needed for AI data centres and computing infrastructure, while easing pressure on the Seoul metropolitan area by creating a second major chipmaking base in the country’s southwest.
President Lee Jae Myung on Monday unveiled the government’s...