Monday, 29 June, 2026
South Korea’s ‘Great Leap’: A Massive $650B Bet on AI and Chips
By TechShots Studio
South Korean President Lee Jae-myung has unveiled three national "mega-projects" to anchor the country’s next economic growth phase. Led by tech titans Samsung Electronics and SK Hynix, the multi-year initiative targets up to 1,000 trillion won (approximately $650 billion) in investments. The strategy focuses on building a major semiconductor hub in the country's southwest, expanding AI data centers, and advancing robotics.
Read full story at REUTERS