South Korea announces large-scale semiconductor and AI investment plan: plans to invest 80 trillion Korean won to build four chip factories, doubling DRAM production capacity within five years BlockBeats News: On June 29th, the South Korean government announced its latest industrial plan today. President Lee Jae myung stated that South Korea must quickly promote the construction of chip production facilities. Existing parks are approaching their capacity limit in terms of water resources and infrastructure, and will focus on expanding semiconductor supply capacity through investment in the southwest region in the future. According to the plan, South Korea is expected to build four chip manufacturing factories in the southwest region, with a total investment of about 80 trillion Korean won, and plans to invest at least 30 trillion Korean won in the next 15 years in semiconductor fields such as next-generation memory, edge artificial intelligence, and national defense. In addition, the chip packaging cluster in the Chungcheong region is expected to invest 81 trillion Korean won, the construction of AI data centers is expected to invest about 550 trillion Korean won, the investment scale of new industry projects in the southwest region is expected to reach 5 trillion to 20 trillion Korean won, and the overall project investment scale in Gwangju and Jeolla regions is expected to be the highest, reaching 520 trillion Korean won. The South Korean government also stated that its goal is to double DRAM production capacity within the next five years and increase South Korea's share in the global market for humanoid robots. The official estimate is that the global storage chip market will grow by about four times in the next five years. Affected by the news, the South Korean Composite Stock Index (KOSPI) turned from a decline to an increase in the afternoon, having previously fallen more than 3% during trading.