South Korea announced an $880 billion private-sector investment package over the next decade focused on semiconductor manufacturing and AI data centers, with Samsung contributing roughly 74% of the total. The initiative aims to preserve the country’s dominance in memory chip production, particularly high-bandwidth memory used in AI systems, while accelerating project timelines from the 2040s to the mid-2030s. Samsung and SK Hynix plan to build new fabrication facilities in South Korea’s southwest region to meet AI-driven demand.
