PREVIEW

South Korea Unveils $1.2 Trillion AI and Chip Investment Plan. South Korea has unveiled plans to invest nearly $1.2 trillion in semiconductors, artificial intelligence and data centres as part of an ambitious strategy to strengthen its position in the global AI race. The programme, announced by President Lee Jae Myung, includes major commitments from Samsung, SK Group and other leading companies to expand chip manufacturing, AI infrastructure and robotics. The government aims to build new semiconductor fabrication plants, advanced packaging facilities and large-scale AI data centres while encouraging investment outside the Seoul metropolitan area. Officials say the initiative will help secure South Korea's leadership in memory chips and high-bandwidth memory technology, which are increasingly vital for AI applications. The strategy also seeks to boost regional economic development, create high-skilled jobs and establish the country as a global hub for physical AI and robotics. Some analysts have questioned whether the scale of investment could lead to oversupply and warned of challenges including infrastructure, power demand and shortages of skilled workers. But the government argues that long-term demand for AI technologies will justify the unprecedented investment and strengthen South Korea's competitiveness in the decades ahead.
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