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AI CURATED HOT STORY · 11/2/2026

South Korea Unveils Record Budget Focused on AI and Semiconductors

1 reports archived1 independent sourcesupdated 11/2/2026, 15:10:42
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South Korean President Lee Jae-myung announced a record-breaking budget for 2027 with total spending rising by 12.8%. Approximately 21.3 trillion won is allocated to semiconductors, physical AI, and data centers—nearly double the previous year's investment. Additionally, 4.7 trillion won is earmarked for developing autonomous large models and training 2,000 specialized professionals, aiming to strengthen national AI infrastructure and talent reserves amid surging global compute demand.

LATEST/South Korean President Lee Jae-myung announced a record-breaking budget for 2027 with total spending rising by 12.8%. Approximately 21.3 trillion won is allocated to semiconductors, physical AI, and data centers—nearly double the previous year's investment. Additionally, 4.7 trillion won is earmarked for developing autonomous large models and training 2,000 specialized professionals, aiming to strengthen national AI infrastructure and talent reserves amid surging global compute demand.

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Coverage timeline

Total 1 reports · Latest first
  1. IT之家 · IT业界T2·68 pts
    • Total fiscal spending for 2027 reaches 820.9 trillion won, a 12.8% year-on-year increase
    • Semiconductors, physical AI, and data centers receive 21.3 trillion won in investment, nearly doubling the 2026 scale
    • A dedicated fund of 4.7 trillion won is established to develop autonomous AI large models with 'global top-tier performance'
    • Talent cultivation initiatives launched, including training 2,000 semiconductor design experts and expanding general AI education