Shafaqna English- South Korea has announced plans to build a new semiconductor cluster in the southwestern part of the country over the next four years, though resistance from local communities over the project’s enormous consumption of electricity and water is expected to be a major challenge. President Lee Jae Myung’s campaign to diffuse the economic dividends of the AI chip boom across the country hinges on the Honam semiconductor cluster, a massive venture estimated to require at least 800 trillion won ($540 billion) in investment. Nonetheless, companies like Samsung Electronics that are part of the consortium must tackle the task of securing unconventional power sources for the project, adhering to a timeline that targets full establishment by the end of Lee’s presidential term in 2030.www.shafaqna.com