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South Korea’s President Vows to Make Bold AI Investment in Record Budget Push

Lee said South Korea will invest 21.3 trillion won in AI and three chip-related megaprojects as exports near $1 trillion.

Summary by Channel News Asia
South Korea’s economy has been heavily boosted by demand for advanced chips used in AI, lifting exports and the earnings of memory chip makers Samsung Electronics and SK Hynix.

5 Articles

Channel News AsiaChannel News Asia
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South Korea’s president vows to make bold AI investment in record budget push

South Korea’s economy has been heavily boosted by demand for advanced chips used in AI, lifting exports and the earnings of memory chip makers Samsung Electronics and SK Hynix.

·Singapore, Singapore
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SANASANA
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The President of South Korea Pledges to Expand Investment in Artificial Intelligence.

South Korean President Lee Ji Myung pledged today to expand government investments in artificial intelligence, semiconductors and future techniques, with a view to supporting economic growth, reducing social gaps and achieving what he described as growth for all.

·Syrian Arab Republic (the)
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Business TimesBusiness Times
Lean Right

South Korea’s Lee vows to make bold AI investment in record budget push

Its economy has been heavily boosted by demand for advanced chips Read more at The Business Times.

·Singapore, Singapore
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연합뉴스-Yonhap News Agency연합뉴스-Yonhap News Agency
Lean Right

President Lee: "Next Year's Budget for Growth Expansion"… Emphasizes Role of Future Fund and Additional Tax Revenue

(

·Seoul, Korea (the Republic of)
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asiae.co.krasiae.co.kr

President Lee: "Largest-Ever Fiscal Investment to Expand Finances for the People's Lives and Future Capabilities"

占쌥댄옙占쏙옙占 "占쏙옙占쏙옙 占쌍댄옙 占쏙옙占쏙옙占, 占쏙옙占쏙옙 占쏘·占싱뤄옙 占쏙옙占쏙옙 占쏙옙占쏙옙 占쎌림 키占쏙옙"

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연합뉴스-Yonhap News Agency broke the news in Seoul, Korea (the Republic of) on Monday, November 2, 2026.
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