South Korea Sets Record 830 Trillion Won Budget for 2027, Prioritizes AI and Chip Investment

According to Reuters, South Korea announced a record 830 trillion won (approximately $530.97 billion) budget for fiscal year 2027, driven by strong tax revenue growth from the AI and chip industries. The government will prioritize investments in three major sectors: semiconductors, AI data centers, and physical AI, which will receive the highest fiscal priority.
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