{
  "id": 714587,
  "title": "The government plans to provide a major boost to the domestic semiconductor industry by offering tax incentives for the expansion of production facilities and exempting companies from the gift tax for the transfer of semiconductor manufacturing equipment to specialized foundries.\n\nOn July 21, the Ministry of Economy and Finance announced a set of measures to support the competitiveness of the domestic semiconductor industry, which included the expansion of tax credits for the construction of semiconductor production facilities and the exemption of gift taxes for the transfer of semiconductor manufacturing equipment to foundries.\n\nThe government plans to add a new item to the list of eligible facilities for tax credits, which currently includes research and development facilities, data centers, and logistics facilities, among others.\n\nSemiconductor production facilities will be eligible for a 15% tax credit for investments made in 2024 and 2025, and 10% for investments made in 2026.\n\nIn addition, the government will exempt companies from the gift tax for the transfer of semiconductor manufacturing equipment to specialized foundries, such as Trinity Fab, which is currently under construction in Yongin, Gyeonggi Province.\n\nThe tax exemption will apply to equipment transferred to Trinity Fab and other similar facilities, which are expected to play a crucial role in the development of the domestic semiconductor industry.\n\nThe government plans to implement these measures through revisions to the tax law, which will be submitted to the National Assembly later this year.\n\nThe Ministry of Economy and Finance said that the measures are aimed at supporting the growth of the domestic semiconductor industry and improving its competitiveness.\n\nThe government has been actively supporting the semiconductor industry through various measures, including the provision of subsidies and tax incentives.\n\nThe domestic semiconductor industry has been facing challenges in recent years, including increased competition from overseas companies and rising production costs.\n\nThe government’s support measures are expected to help domestic semiconductor companies improve their competitiveness and increase their market share.\n\nThe semiconductor industry is considered a strategic sector for the country’s economic growth, and the government’s support measures are seen as crucial for the industry’s development.\n\nThe government’s efforts to support the semiconductor industry are also expected to have a positive impact on the country’s economy as a whole.\n\nThe Ministry of Economy and Finance said that it will continue to monitor the industry’s progress and provide additional support measures as needed.\n\nThe government’s support for the semiconductor industry is part of its broader efforts to promote economic growth and development.\n\nThe semiconductor industry is expected to play a key role in the country’s economic growth in the coming years.\n\nThe government’s measures to support the industry are seen as a positive step towards achieving this goal.",
  "url": "https://urgent.news/2026/08/12/story-714587",
  "topic": "world",
  "section": "World",
  "published": "2026-08-12T22:34:52.000Z",
  "source": {
    "name": "Hankyoreh",
    "slug": "hankyoreh",
    "url": "https://www.hani.co.kr/arti/economy/economy_general/1272674.html"
  },
  "original_language": "ko",
  "account": null,
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}