South Korea launches $584B chip manufacturing initiative with Samsung, SK hynix

The South Korean government today announced a 900 trillion won, or $584 billion, initiative to grow the country’s chip manufacturing capacity.

Officials also plan to build about $357 billion worth of artificial intelligence data centers.

The chip manufacturing initiative will be led by Samsung Electronics Co. and SK hynix Inc., which intend to open two […]

The post https://siliconangle.com/2026/06/29/south-korea-launches-584b-chip-manufacturing-initiative-samsung-sk-hynix/" rel="nofollow">South Korea launches $584B chip manufacturing initiative with Samsung, SK hynix appeared first on https://siliconangle.com" rel="nofollow">SiliconANGLE.