SEOUL ¨C South Korea on Monday laid out a sweeping industrial strategy centered on semiconductors and artificial intelligence, as President Lee Jae Myung unveiled over $576 billion in investment to lock in global dominance and drive more ?balanced growth.
The plan, anchored by Samsung Electronics and SK Hynix, marks Lee¡¯s boldest push yet to align South Korea¡¯s AI ?and chip ?ambitions with his pledge to narrow regional disparities and revive economies beyond the Seoul metropolitan area.
Flanked ?by the chiefs of the world¡¯s two biggest memory chipmakers, Lee cast the initiative as a ¡°great leap forward,¡± centered on the ¡°triple axis¡± of semiconductors, physical AI and data centers.
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