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.
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South Korea flags record 2027 budget of over $530 billion as AI chip boom lifts revenues
UPDATE 1-S.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
South Korea’s AI tax windfall a ‘golden window’ for investment
Global demand for advanced memory chips used in AI data centres has helped South Korea's semiconductor giants post record profits this year.
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 announce massive AI and semiconductor investment drive with three mega-projects
Local media have reported that the planned investments could exceed 1,000 trillion won (US$651.41 billion) over the coming years.
channelnewsasia.com·17d agoKorea Plans 800 Trillion Won Super Budget, Betting on Chip Boom
Korea plans an 800 trillion won+α super budget for next year, its first double-digit spending growth, backed by chip-driven tax revenue, whi
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