Monday, 29 June, 2026
Silicon Stronghold: South Korean Tech Giants Unleash Massive $520 Billion AI Mega-Fabs
By TechShots Studio
Samsung Electronics and SK Hynix are partnering with the South Korean government to build four massive new chip fabrication plants in the country's southwest. Part of a sweeping $520 billion national AI ecosystem initiative, this strategic expansion bypasses capacity limits in Seoul. The project will effectively double the nation's DRAM production capacity, securing global supply chains against intensifying international competition.
Read full story at REUTERS