Lee pledges to double chip output in 5 yrs, build AI supply chains free of disruption
NEW YORK — South Korean President Lee Jae Myung on Wednesday unveiled an ambitious plan to double his country's semiconductor production capacity and secure artificial intelligence (AI) supply chains free from external shocks, calling for fresh U.S. investments in the country. Lee made the remarks at the Korea Investment Summit in New York, attended by financial and corporate leaders from both…
South Korean President Lee Jae Myung announced a bold strategy to double his nation's semiconductor production capacity and fortify artificial intelligence (AI) supply chains at the Korea Investment Summit in New York on Wednesday. The summit brought together financial and corporate leaders from South Korea and the United States to encourage American investment in the country.
Referring to the country's three megaprojects launched earlier this year, President Lee stated that South Korea aims to achieve a two-fold increase in semiconductor production within the next five years by expanding its chip production hub. He also emphasized that the country will establish critical AI supply chains resilient to any disruptions.
Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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