# South Korea plans billions in AI and semiconductor investment

https://mins.news/en/item/124951

- DW, 2026-11-02 05:01 UTC
- Economy
- Original: https://www.dw.com/en/south-korea-to-pour-billions-into-ai/a-79825118?maca=en-rss-en-all-1573-rdf

> Lee Jae Myung said South Korea will invest 21.3 trillion won, nearly twice this year’s amount, in AI and projects including semiconductors, physical AI and AI data centres. A further 4.7 trillion won is planned for frontier AI development. The record budget proposal for next year requires parliamentary approval.

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