AGP Executive Report
Last update: 5 hours agoAI Investment: President Lee Jae Myung’s proposed record 820.9 trillion-won 2027 budget nearly doubles spending on AI and semiconductors to 21.3 trillion won, targeting chips, data centers and physical AI. Chip Supply: Samsung and SK hynix are expanding long-term supply deals as customers seek to secure memory amid the AI-driven shortage; Samsung says it has signed with 10 customers and is negotiating with 10 more. AI Infrastructure: LG CNS has completed a 30-megawatt AI data center in Jakarta, its first built for an overseas client, with plans to expand capacity to 400 megawatts. Cybersecurity: AI-assisted attacks exposed financial data belonging to tens of thousands of South Koreans after at least nine banks were targeted, underscoring how AI tools can lower the barrier to cybercrime. Chip Research: Samsung Chairman Lee Jae-yong visited the company’s Yokohama packaging lab, part of a five-year, 40-billion-yen investment in technology crucial to AI chip performance.
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