Browsing Tag
Lee Jae Myung
5 posts
South Korea plans chip windfall fund to finance AI growth and narrow inequality
President Lee Jae Myung’s government wants to channel additional semiconductor tax revenue into national technology projects, regional development and support for younger South Koreans, turning a cyclical chip boom into a test of long-term economic policy.
Samsung and SK hynix anchor 800tn won South Korea AI chip expansion
South Korea’s 800 trillion won chip plan puts Samsung and SK hynix at the centre of an AI buildout. Read what could derail the strategy.
South Korea wants drones to become every soldier’s second weapon. Can it train 500,000 operators?
North Korea is expanding its firepower. South Korea’s answer is 500,000 drone-trained troops, 110,000 aircraft and a new domestic defence ecosystem.
Yoon Suk Yeol verdict: Seoul appeals court rules martial law Cabinet meeting violated nine ministers’ rights
Yoon Suk Yeol's life sentence already stood. The Seoul High Court just added seven years, and ruled his Cabinet meeting was a simulation, not a State Council.
South Korea factory fire kills 14 at Anjun Industrial plant in Daejeon’s Daedeok district
Fourteen people were killed and 59 injured after an explosion and fire destroyed the Anjun Industrial auto parts factory in Daejeon, South Korea, on 20 March 2026.