AGP Executive Report
Last update: 7 hours agoAI Megaproject Funding: Seoul plans a “future response fund” financed by chip tax windfalls to back AI data centers, physical AI and advanced manufacturing, plus housing, startups and jobs for younger workers. AI Infrastructure Buildout: SK Telecom targets 15GW of AI data center capacity by 2035, starting with an Ulsan site and expanding in phases from 2029, as power and memory constraints tighten. Semiconductor Push: South Korea also signals a wider AI-and-chip investment drive, while chipmakers warn against disruptive memory market interventions. Space & Earth Monitoring: South Korea is set to launch its 4th medium-sized Earth observation satellite on Tuesday via SpaceX Falcon 9, aiming for full-peninsula imaging every three days to support agriculture, forests, disasters and climate analysis. Renewables & Grid-Scale Energy: Korea moves to expand low-orbit satellite communications by 2035 and continues offshore wind awards, while energy storage and microgrid projects keep rolling. Security Watch: North Korea’s Kim Jong Un supervised cruise-missile and combat-system tests aboard the new Kang Kon destroyer, ordering commissioning within two months.
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