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Bae Kyung-hoon

Bae Kyung-hoon

Minister of Science and ICT, South Korea

Appears in 1 story

Notable Quotes

Bae called the next three years the 'golden time' to lead physical AI.

Stories

South Korea directs $880 billion private buildout into chips and AI data centers

Money Moves

Leading the 'physical AI' pillar

On June 29, 2026, South Korea directed Samsung and SK Hynix to build four new memory fabs in the southwest as part of an 880-billion-dollar, ten-year private buildout. Three days later, both companies had narrowed their Gwangju site candidates to two locations and pledged a combined 240 trillion won for the Chungcheong region, adding a second investment zone south of Seoul.

Updated Jul 2