South Korea flags record 2027 budget of over $530 billion as AI chip boom lifts revenues

South Korea flags record 2027 budget of over US$530 billion as AI chip boom lifts revenues

The spending plan is to be financed through higher tax receipts and expenditure cuts

S.Korea Flags Record 2027 Budget of Over $530 Billion as AI Chip Boom Lifts Revenues

South Korea Unveils Record 800 Trillion Won Budget With $65 Billion AI Fund

South Korea proposed a record 800 trillion won budget backed by semiconductor tax revenue and a planned $65 billion AI investment fund.

South Korea proposes $531 billion budget to back AI and semiconductor buildout

The government plans to prioritise semiconductors, AI data centres and physical AI while expanding the power, water and transport infrastruc

South Korea to prioritize chips, AI in record 2027 budget

Budget Minister Park Hong-keun said the plan would be financed through higher tax receipts and spending cuts.

South Korea Unveils $6.5B Strategy to Boost AI, Semiconductor and Strategic Technologies

South Korea’s government has approved a sweeping national strategy to strengthen its technological competitiveness, committing 8.6 trillion