Korea to invest more than $1 trillion into AI, chips in regions outside Seoul

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  1. 1. Summary

    The Korean government on Monday announced plans for investments of 1.588 quadrillion won in the central, southeast and southwestern regions of the country as part of its three “megaprojects,” including 800 trillion won for the construction of memory chip fabs in Gwangju and other areas in the southwest.
     

    2. How is this related to the sub

    (1) Industrial policy: Korean government is organizing a massive investment on AI chip to capture the dominance in the market

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