{"id":278515,"date":"2026-06-29T12:30:14","date_gmt":"2026-06-29T08:30:14","guid":{"rendered":"https:\/\/abcmedia.am\/?p=278515"},"modified":"2026-06-29T15:46:37","modified_gmt":"2026-06-29T11:46:37","slug":"south-korea-to-invest-1-trillion-in-chip-and-ai-development","status":"publish","type":"post","link":"https:\/\/abcmedia.am\/en\/news\/278515\/","title":{"rendered":"South Korea to invest $1 trillion in chip and AI development"},"content":{"rendered":"<!DOCTYPE html PUBLIC \"-\/\/W3C\/\/DTD HTML 4.0 Transitional\/\/EN\" \"http:\/\/www.w3.org\/TR\/REC-html40\/loose.dtd\">\n<html><body><p>South Korea has unveiled plans for about $1tn (&pound;760bn) of investments to build out the country&rsquo;s chip manufacturing and artificial intelligence (AI) capabilities in the coming years, the <a href=\"https:\/\/www.bbc.com\/news\/articles\/c9q2pwzngjqo\" target=\"_blank\" rel=\"noopener\">BBC<\/a> writes.<\/p>\n<p>It is part of the country&rsquo;s so-called Three Mega Projects to develop new chip production hubs, data centres and robotics technology.<\/p>\n<p>The plan is aimed at rejuvenating the economies of areas outside the capital Seoul, President Lee Jae-myung said on Monday.<\/p>\n<p>It comes as regional rivals like Taiwan, China and Japan are investing heavily in chip factories and other technologies as the AI boom pushes up demand for semiconductors.<\/p>\n<\/body><\/html>\n","protected":false},"excerpt":{"rendered":"<p>South Korea has unveiled plans for about $1tn (&pound;760bn) of investments to build out the country&rsquo;s chip manufacturing and artificial intelligence (AI) capabilities in the coming years, the BBC writes. It is part of the country&rsquo;s so-called Three Mega Projects to develop new chip production hubs, data centres and robotics technology. The plan is aimed [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":278415,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[2,43,47,50,54],"tags":[],"class_list":["post-278515","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-world","category-society","category-science","category-social"],"acf":[],"_links":{"self":[{"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/posts\/278515","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/comments?post=278515"}],"version-history":[{"count":1,"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/posts\/278515\/revisions"}],"predecessor-version":[{"id":278520,"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/posts\/278515\/revisions\/278520"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/media\/278415"}],"wp:attachment":[{"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/media?parent=278515"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/categories?post=278515"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/tags?post=278515"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}