Illustration (Source: Chinadaily) South Korea’s Ministry of Science and Information Technology and Communications said on June 1 that many cloud data center operators have cooperated with companies specializing in chips used in Korean servers to meet the respond to the increase in demand for semiconductor products and respond to uncertainties in the global supply chain. The ministry said five data center companies, Naver Cloud, Douzone Bizon, Kakao Enterprise, NHN and KT, along with the Artificial Intelligence Industry Cluster Agency, signed a memorandum of understanding with Korean server chip companies SK Telecom, Rebellions, FuriosaAI, and Korea Electronics and Telecommunications Research Institute to expand the use of products Semiconductor domestically produced artificial intelligence (AI) in data centers. Demand for AI semiconductor products from data center operators has been increasing in recent times. These companies need chips to process large volumes of data efficiently. Ministry of Science and Technology Information – Korean media predicts that the global server AI chip market will grow from $3.5 billion in 2020 to $34.7 billion in 2030. Under the aforementioned agreement, the companies will also cooperate on chip development, as well as pursue plans to establish a semiconductor test environment at an AI industry complex in Gwangju, 329 kilometers south of Seoul. The ministry said it would support the cooperation plan of the company and hope that this agreement will boost the semiconductor industry of Korea in the context of a recent global supply shortage.