South Korea has announced a sweeping $576 billion investment initiative aimed at securing its position as a global leader in artificial intelligence semiconductors.
The multi-year plan represents one of the largest state-backed industrial strategies in recent history, designed to drive regional economic growth and maintain competitiveness against rivals in the US and China.
The investment program places industry giants Samsung Electronics and SK Hynix at the center of the strategy.
Both companies are expected to benefit significantly from the capital injection, which is intended to expand manufacturing capacity and accelerate the development of next-generation AI chips.
The scale of the commitment underscores the critical role the semiconductor sector plays in South Korea's broader economic agenda.
This development follows previous announcements of substantial capital expenditures by Seoul's tech leaders.