Blue House Official Kim Yong-bum Announces 2000 Billion Dollar Memory Business Agreement Between Samsung Electronics and Broadcom

South Korean President Lee Jae-myung announced a 2000 billion dollar five-year agreement between Samsung Electronics and Broadcom to collaborate on advanced memory semiconductor supply and AI chip production during the San Francisco AI Summit. The summit also saw the release of the 'San Francisco AI Declaration' outlining South Korea's vision for AI development.