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South Korea to launch US$3.5bil chip fund, speed development of semiconductor hubs

SEOUL: South Korea will launch a five trillion won (US$3.52 billion) semiconductor fund targeting promising chip materials, parts, equipment and fabless companies, a presidential official said, as Seoul seeks to accelerate plans for new chip manufacturing hubs across the country.

South Korea to launch US$3.5bil chip fund, speed development of semiconductor hubs

We haven't written up this one. New Straits Times has the full story — the link below goes straight to it.

Also reported by 1 other outlet

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