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South Korea Unveils Plan to Sustain Lead in AI

South Korea Unveils Plan to Sustain Lead in AI
Bloomberg Technology Monday 29 June 2026, 05:51 UTC 1 min read
Key Points

Jun 29th, 2026 South Korea Unveils Plan to Sustain Lead in AI South Korea unveiled an ambitious plan aimed at cementing its status as a technological powerhouse, with companies led by Samsung Electronics Co. and SK Hynix Inc. initiating large-scale investments in memory chips, data centers and robotics. Samsung and SK Hynix leaders sat next to President Lee Jae Myung at a briefing, and are expected to give more details of their future investment plans. Bloomberg's Cat Barton reports from Seoul.

Jun 29th, 2026 South Korea Unveils Plan to Sustain Lead in AI South Korea unveiled an ambitious plan aimed at cementing its status as a technological powerhouse, with companies led by Samsung Electronics Co. and SK Hynix Inc. initiating large-scale investments in memory chips, data centers and robotics. Samsung and SK Hynix leaders sat next to President Lee Jae Myung at a briefing, and are expected to give more details of their future investment plans. Bloomberg's Cat Barton reports from Seoul. [Image text:] LIVE Seoul Cat Barton -BLOOMBERG NEWS BREAKING LEE:ANNOUNCEMENTISHISTORICACHIEVEMENT NEWS
South Korea (LOCATION) AI South Korea (LOCATION) Samsung Electronics Co. (ORG) SK Hynix Inc. (ORG) Samsung (ORG) SK Hynix (ORG) Lee Jae Myung (PERSON) Bloomberg (ORG) Cat Barton (PERSON) Seoul (LOCATION)
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