30 Jun 2026
South Korea Unveils an $880 Billion, 10-Year AI, Chip and Robotics Plan
President Lee Jae-myung announced a national plan to invest at least $880 billion (about 1,350 trillion won) over the next decade in semiconductors, AI data centers, and robotics — his 'Three Mega Projects.' Samsung Electronics and SK Hynix are expected to put in roughly 800 trillion won (~$518 billion) to build new chip-production hubs in the country's southwest, while groups including SK, GS, and Naver back large-scale AI data-center construction with about 550 trillion won ($356 billion).
Why it mattersIt's one of the largest state-backed AI-hardware commitments anywhere — a bet that the next phase of the AI race is won in chips, memory (HBM), and data centers, not just models.
Try itIf you depend on GPU/HBM supply or Asian data-center capacity, track where Korea's southwest chip hubs and data centers land — it reshapes the 2027–2030 compute map.