South Korean President Lee Jae-myung: "Speed comes first," accelerating major chip and artificial intelligence projects.

South Korean President Lee Jae-myung has issued an emergency mobilization order to government officials, calling for full acceleration of large-scale semiconductor projects, and positioning gaining the initiative as a national core competitive strategy.

At a government meeting on Monday, Lee Jae-myung stated that under the current situation, victory or defeat will depend on who acts faster and who establishes a lead first. "In this circumstance, it seems the outcome will be determined by who moves quicker and who seizes the initiative first," he said. "Only speed is the key."

These remarks send a clear policy signal and are expected to further accelerate South Korea's approvals for semiconductor investments, land planning, and supporting resource allocation, directly impacting the pace of projects by local chip giants such as Samsung Electronics and SK Hynix. Investors will closely watch the subsequent implementation of specific policies.

Speed First: Lee Jae-myung Sets Tone for Chip Race

In the government meeting, Lee Jae-myung explicitly prioritized execution efficiency, stressing that in the current global semiconductor competitive landscape, slow policy implementation means strategic defeat. His statement was concise and forceful, directly highlighting "only speed," setting the tempo for relevant government departments.

This adjustment in South Korean policy direction comes in the context of major global economies competing to expand domestic semiconductor production.

Last week, the South Korean government announced its largest-ever investment plan for the semiconductor and artificial intelligence industries, positioning semiconductors, physical AI, and AI data centers as the "three pillars" of South Korea's industrial upgrade, emphasizing that the synergy of the three will propel South Korea into the ranks of "AI revolution leading countries." South Korea also plans to invest over 1000 trillion won in AI data centers by 2035 and spend 81 trillion won in the Chungcheong region to build chip packaging plants.

For South Korea, the semiconductor industry is a core pillar of export revenue and technological competitiveness. Lee Jae-myung's high-profile statement highlights Seoul's sense of urgency to maintain its lead in the global race.

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