South Korea's historic budget allocation for 2027 doubles investments in semiconductors, physical AI, and data centers to 21.3 trillion won, while funding a domestic AI model and specialized engineering programs.
Of the total, 21,3 trillion won will be directed to sectors such as semiconductors, natural AI and data centers, nearly double the amount compared to 2026. In addition, a separate fund of 4,7 trillion won will be used to create a national AI model, aiming for world-leading performance. The government also plans to train 2.000 semiconductor design specialists and expand education for students and employees.
The country already utilizes university departments that are closely linked to large companies, such as Samsung Electronics and SK Hynix. Through these programs, the companies participate in course design, provide financial support and offer direct job opportunities to students before they graduate.
South Korea’s economy is expected to grow by 3,3% in 2026, the fastest pace since the pandemic, according to the International Monetary Fund. This momentum is fueled by increased global demand for computing power and semiconductors, with total exports approaching the $1 trillion mark annually. In October, exports rose 93,7% to $115,3 billion, while the trade surplus stood at $42,5 billion.
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At the same time, the new budget foresees an increase in defense spending by 8,2% to 73,3 trillion won, with the aim of creating a strong and technologically advanced army that will utilize artificial intelligence, robots and drones.
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