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Jul 13, 2026

South Korea Prepares Record $531 Billion Budget for 2027 with a Focus on AI and Semiconductors

Record fiscal 2027 budget of over 800 trillion won ($530.97 billion) proposed by Seoul, fueled by a 500 trillion won tax revenue estimate driven by record profits at SK Hynix and Samsung Electronics amid the global AI semiconductor boom.

Jul 13, 2026·4 sources

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Top claims

▪The Bank of Korea warned in mid-June 2026 that unprecedented semiconductor employee profit-sharing bonuses could have an inflationary effect on the economy.
▪South Korea plans to launch a Future Response Fund backed by excess tax revenue to invest in youth, growth engines, regions, and talent.
▪SK Hynix co-developed the world's first high-bandwidth memory chip with AMD in 2013 and currently controls roughly 60% of the global high-bandwidth memory market by revenue.

Topics

Semiconductor industry AI infrastructure investment

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