AIBBC Technologyabout 2 hours ago
South Korea unveils $1tn chip and AI investment plan
1 min read
South Korea announced plans for about $1 trillion in investments to build chip manufacturing and AI capabilities under President Lee Jae-myung's Three Mega Projects. Samsung Electronics and SK Hynix plan to invest about $518 billion in four new chip plants to double national DRAM output within five years, accelerating their timeline by roughly a decade to meet surging AI demand.
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