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EconomicSouth Korea·22 Oct 2026

South Korea announces $1 trillion investment for Gwangju tech hub

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The South Korean government announced a $1 trillion investment to develop a technology hub focused on chip manufacturing in the city of Gwangju. President Steven Borowieco initiated the project as part of an effort to secure the national economy and his political legacy. The investment aimed to leverage AI gains to revitalize the faded southern city, with…

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Nikkei Asia
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