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South Korea chipmakers call for government support to survive AI-driven competition

By Choonsik Yoo ( October 23, 2024, 01:49 GMT | Insight) -- Artificial-intelligence innovation has sparked a global "war without gunfire" among chipmakers and South Korean companies are in dire need of significant support from both the government and parliament to survive the competition, said Kwak Noh-jung, CEO of SK Hynix. SK is a major supplier to global AI leader Nvidia, although Kwak made these remarks at an event in his capacity as head of the Korea Semiconductor Industry Association.Artificial-intelligence innovation has sparked a global "war without gunfire" among chipmakers and South Korean companies are in dire need of significant support from both the government and parliament to survive the competition, said the head of the country’s leading chipmaker....

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