President Lee Gambles on Computer Chips for Political Survival

Will new rounds of promised projects be enough to right his political ship?

By: Shim Jae Hoon

In the words of government economists these days, South Korea hasn’t had it so good in years.

Riding on the back of strong semiconductor exports, the economy this year is expected to post 3 percent growth for the first time in five years, boosting per capita annual income from $40,000 to $50,000, nearly on par with Japan.

Undoubtedly stir…