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The Independent UK
The Independent UK
Technology
Vishwam Sankaran

South Korea announces $1 trillion semiconductor and AI ‘megaprojects’ plan

South Korea has announced a $1 trillion “megaprojects” plan for the development of semiconductor manufacturing and artificial intelligence data centres in the country in partnership with Samsung and chip maker SK ​Hynix.

Samsung Electronics and SK Hynix are each planning to build two major chip ​fabrication sites ​in the country’s southwest ⁠region as part of the national project to boost Seoul’s overall semiconductor production "ecosystem".

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