Wednesday, 2 September, 2026
Tech-Fueled Growth: South Korea Nominee Bets Big on AI & Chips
By TechShots Studio
South Korea’s finance minister nominee, Lee Hyoung-il, pledged to swiftly advance three "mega projects" in AI investment to bolster national competitiveness. Leveraging record profits from a global semiconductor boom, the administration plans aggressive fiscal spending, including a dedicated long-term fund, to maintain a high-tech edge while extending economic support to small businesses and young workers.
Read full story at REUTERS