South Korea to launch $3.5 billion chip fund, speed development of semiconductor hubs
The government will also provide a further 5 trillion won in trade finance for suppliers, Presidential Chief of Staff Kang Hoon-sik told a press briefing after a meeting chaired by President Lee Jae Myung on Monday.
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- Korea showing signs of improvement on robust chip industry: KDI koreatimes.co.kr
- South Korea plans to launch a ~$3.5B chip fund for promising materials, parts, equipment, and fabless companies, and speed the development of domestic chip hubs (Reuters) reuters.com
- S. Korea showing signs of improvement on robust chip industry: KDI en.yna.co.kr
