South Korea could become a leading AI hub by dominating memory chip production
South Korea's dominance of the memory chip market and advanced artificial intelligence ecosystem give it an edge in the global AI chip race.
Here's What We Know
According to industry experts, learning AI requires a lot of memory, something South Korea excels at.
"South Korea dominating in the memory market is definitely an advantage," said Dalton Investments senior analyst James Lim.
South Korea's Minister of Science and Information and Communications Technology, Jong-ho Lee, said the country aims to become a global player in the fields of AI and semiconductors. South Korea's Samsung and SK Hynix, two of the world's largest makers of dynamic random access memory chips, could provide the leadership. They are also both actively investing in AI research and development.
"South Korea has a robust local AI ecosystem, capable of competing with global tech giants," said Naver spokesperson Sung Nako.
OpenAI CEO Sam Altman is also considering investing in South Korean startups and collaborating with major chip makers such as Samsung.
Rebellions could compete with the US giants. The South Korean AI chip maker claims that its new processor outperforms rival Nvidia by more than three times.
Source: CNBC.
