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Lee Unveils 'Irreplaceable Republic' Vision and Pledges Major Tech Investment

He framed a tech‑led growth strategy to broaden gains from the chip boom and ordered a joint probe of recent ballot shortages.

Overview

  • President Lee spoke at a first‑anniversary press conference on Monday, June 8, laying out four national goals under the 'Irreplaceable Republic' brand and launching his second‑year agenda.
  • He promised a soon‑to‑be‑announced large‑scale investment project to secure 'absolute competitiveness' in advanced technologies and to develop growth engines beyond semiconductors.
  • Lee said excess tax revenue from the semiconductor boom should be invested for long‑term growth rather than forced distribution of corporate profits, warning that mandatory profit sharing could deter investment.
  • The president pledged to crack down on market crimes and unfair privileges, naming stock‑price manipulation and real‑estate fraud as priorities to restore market trust and spread growth more broadly.
  • Lee set a pragmatic North Korea policy that seeks short‑term freezes on nuclear‑material production and ICBM development while rejecting South Korean nuclear armament, and he ordered a joint police and prosecutorial probe into the June 3 ballot paper shortages that have sparked protests and calls for institutional fixes.