SingCham Korea News

South Korea to invest $7 billion in AI by 2027

South Korea is investing nearly $7 billion in AI by 2027 to become a leader in semiconductor tech.

President Yoon Suk Yeol aims to go beyond memory chips into AI chips, recognizing their vital role in the global economy.

This initiative mirrors efforts by other nations like the US and Japan to enhance domestic chip production. Semiconductor exports, a key pillar of South Korea's economy, hit a two-year high in March.

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