Flash News
South Korean President Launches Future Response Fund Focused on Chips and AI
South Korean President Lee Jae-myung announced the establishment of a "Future Response Fund," which will use excess tax revenue for effective future investment projects.
Government support will be primarily directed towards three major projects: chips, AI data centers, and physical AI.
In terms of market mechanisms, fiscal funds will shift from excess tax revenue to strategic technology sectors, with chip and AI companies benefiting from policy incentives. Funding will flow into national priority development tracks, while traditional sectors will face relative pressure.
Source: Public Information
ABAB AI Insight
Source
·ABAB News·
2 min read
·1d ago