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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 ar

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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 South Korea launches $584B chip manufacturing initiative with Samsung, SK hynix appeared first on SiliconANGLE.

Source: SiliconANGLE | 2026-06-29

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