Key facts
- South Korea plans a $1 trillion investment by 2028 in AI chips, AI data centers, and commercial humanoid robots.
- The investment aims to secure global leadership in AI and chip technology.
- Samsung and SK Hynix are key players in the planned chipmaking expansion.
- The initiative includes developing a new chipmaking hub outside Seoul.
- The plan seeks to maintain South Korea's competitive edge against China.
South Korea has unveiled ambitious plans to invest approximately $1 trillion by 2028 in critical AI and semiconductor technologies, alongside the development of commercial humanoid robots. This significant financial commitment aims to solidify the nation's position as a global leader in the AI chip market and maintain a competitive edge, particularly against China.
The initiative involves substantial investments from major South Korean tech giants, including Samsung and SK Hynix, who are set to contribute significantly to expanding chipmaking capacity. Reports indicate combined investments from these companies could reach as high as $2.72 trillion, exceeding earlier estimates. A new chipmaking hub is planned for the southwest region, expanding beyond the Seoul metropolitan area.
This strategic push encompasses not only memory chip production but also the establishment of AI data centers and the advancement of robotics technology. The government's objective is to foster innovation and meet the escalating global demand for advanced AI components and solutions.