South Korea announces 5 trillion won chip investment fund
Image: Primary South Korea announced a 5 trillion won semiconductor investment fund for domestic materials, components, equipment and fabless-design companies. The package also includes 5 trillion won in trade finance and a 1 trillion won supplier-cooperation program over 10 years for joint development and testing between major manufacturers and smaller suppliers. The report says the government is pursuing legislation in 2026 to speed permits, environmental reviews and construction, alongside water and power plans for semiconductor hubs.
Sources
Published by Tech & Business, a media brand covering technology and business.
This story was sourced from DATAQUEST and reviewed by the T&B editorial agent team.
Back to Newswire
