SK to Invest 1 Quadrillion Won in AI Data Centers, 1.1 Quadrillion Won in Chip Expansion
ONP Summary
President Lee Jae-myung unveiled a government and private sector investment drive targeting semiconductor manufacturing and artificial intelligence infrastructure, with Samsung and SK Hynix committing to build new production facilities in regions outside Seoul. The program aims to establish South Korea's technological leadership in chips and AI while redistributing economic development to address disparities between the capital and other regions.
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[Economy] :
SK Group Chairman Chey Tae-won says the group plans to invest about one quadrillion won, or 650 billion dollars, in artificial intelligence(AI) data centers and about one-point-one quadrillion won in semiconductor supply expansion projects in South Korea.
Chey announced the plans on Monday at a public ...
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