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South Korea wants to be a top A.I. hub — its memory chip dominance could be an advantage



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The landmark Namsan Seoul Tower.Jung Yeon-je | Afp | Getty ImagesSouth Korea’s dominance in the memory chip market and a robust artificial intelligence ecosystem gives it an advantage in the global AI chip race, said industry observers.”South Korea is very strong in memory chips. AI does require a lot of memory. South Korea dominating in the memory market is definitely an advantage,” said James Lim, senior research analyst at Dalton Investments.South Korea is aiming to become one of the world’s top three AI powerhouses by 2027, following closely behind the U.S. and China, according to the nation’s “digital strategy.”The country’s minister for science and information and communications technology, Jong-ho Lee, told CNBC the country “aims to maintain its leading position in the memory semiconductor field.””South Korea seeks to emerge as a prominent player in rapidly growin …

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