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Industry

South Korea launches megaprojects spanning Samsung, SK fabs, AI robots and data centres

South Korea will foster semiconductors, physical AI and AI data centres as national growth engines based on large private-sector investment by companies including Samsung Electronics and SK. President Lee Jae-myung chaired a public briefing on three megaprojects and said he would directly oversee execution. Plans include accelerating chip plant construction, building regional production hubs, developing humanoid robots and foundation models, expanding AI data-centre capacity, and launching a manufacturing AI strategy with joint public-private investment.

Industry

Semiconductor hub expands to southwest as Samsung, SK outline 1,000 trillion won investment

Samsung Electronics and SK Group plan to expand semiconductor production into South Korea\'s southwest region, citing rising AI-driven memory demand. Samsung plans to build four memory fabs in the area, while SK outlined 2,100 trillion won of investment, including 400 trillion won for a new southwest cluster. Executives presented regional investment plans at the presidential office. The government outlined a nationwide semiconductor cluster strategy and detailed power, water and policy support measures.

Industry

President Lee Jae Myung vows \'ultra-gap\' lead with AI triangle, boosts southwest semiconductor hub

President Lee Jae Myung chaired a briefing at Cheong Wa Dae on three mega projects and outlined a Korea-style AI industrial push centred on semiconductors, physical AI and AI data centres. He said only speed would ensure survival and pledged large investment in new hubs, including the southwest. Lee said existing sites around Yongin and Pyeongtaek face power and water limits, and vowed stronger government support so companies can invest without losses.