South Korean tech giants to build a $518 billion chipmaking hub to serve soaring AI demand
Associated Press
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South Korean President Lee Jae Myung attends an announcement with Samsung Electronics Chairman Lee Jae-yong and SK Group Chairman Chey Tae-won at the Blue House presidential office in Seoul, South Korea, Monday, June 29, 2026. (Kim Min-Hee/Pool Photo via AP)South Korean President Lee Jae Myung, center, holds hands with Samsung Electronics Chairman Lee Jae-yong, right, and SK Group Chairman Chey Tae-won after an announcement of building a new computer chipmaking hub, as they meet at the Blue House presidential office in Seoul, South Korea, Monday, June 29, 2026. (Kim Min-Hee/Pool Photo via AP)
South Korean President Lee Jae Myung attends an announcement with Samsung Electronics Chairman Lee Jae-yong and SK Group Chairman Chey Tae-won at the Blue House presidential office in Seoul, South Korea, Monday, June 29, 2026. (Kim Min-Hee/Pool Photo via AP)