South Korea's President Lee Jae Myung meets with Masayoshi Son, Chairman and Chief Executive Officer of SoftBank Group Corp., at the Presidential House in Seoul, South Korea, December 5, 2025. Kim Min-Hee/Pool via REUTERS
SEOUL, Dec 5 (Reuters) - South Korea's industry ministry and SoftBank's chip unit, Arm Holdings, have signed an agreement to strengthen the country's semiconductor and Artificial Intelligence sectors, a presidential policy adviser said on Friday.
The memorandum of understanding includes a plan for Arm to set up a chip design school in the country to tap its expertise in this area, Kim Yong-beom told reporters at a briefing.
