Seoul, July 25 -- South Korean and US technology giants agreed to pursue USD 950 billion in semiconductor supply and manufacturing partnerships over the next five years, unveiling a sweeping series of deals at the San Francisco AI Summit, according to a news report by The Korea Herald.

The partnerships, announced during President Lee Jae Myung's visit to San Francisco, are intended to advance the Lee administration's flagship megaprojects across semiconductors, AI data centres and physical AI, the report noted.

"We have developed concrete investment and cooperation plans with global partners across every core area of the three megaprojects, from semiconductors and AI data centers to physical AI," presidential policy chief Kim Yong-beom ...