South Korea to spend $1T on more memory chip production and humanoid robots
6 hours ago
- #Robotics Development
- #Memory Chip Production
- #AI Infrastructure
- South Korea's government and top tech companies pledge $1 trillion to megaprojects aimed at boosting memory chip supply, constructing AI data centers, and deploying humanoid robots by 2028.
- The initiative comes amid record profits for Samsung and SK Hynix due to AI-driven memory chip demand, which has led to shortages and higher consumer electronics prices, while Hyundai Motor seeks to mass-produce Boston Dynamics robots for factory tasks.
- President Lee Jae Myung emphasized the need to secure AI core elements, citing semiconductors, physical AI, and AI data centers as key to advancement.
- The largest project involves $585 billion from Samsung and SK Hynix for new chip plants in southwest provinces and Seoul, aiming to double DRAM production within five years.
- The plans face public debate over chipmakers' profits and wealth distribution, alongside labor union concerns about humanoid robots entering the workforce.