South Korean President Lee Jae Myung announces plans to double the country’s semiconductor production capacity within five years and to build AI supply chains designed to withstand external disruptions. He makes the remarks at the Korea Investment Summit in New York, where financial and corporate leaders from South Korea and the United States attend.
Lee links the initiative to earlier “three megaprojects” launched this year, aimed at expanding chip-focused industrial clusters and other AI-related facilities. He calls for renewed U.S. investment in South Korea, and says Seoul plans to reinvest results from the AI chip boom into a new “Future Fund” to support industrial infrastructure and talent.
Across the outlets, the core points remain consistent: Lee’s five-year semiconductor production goal, the focus on resilient AI supply chains, and his request for further U.S. involvement. The additional specifics about the “Future Fund” appear in the Korea Times coverage, while Free Malaysia Today focuses on the two main pledges and the appeal for U.S. investment.
