South Korea plans to support its semiconductor industry for $120bn annual chip exports, strengthening ecosystems and investing in high-bandwidth memory and AI chips.
South Korea aims to proactively support its semiconductor industry and achieve $120bn annual chip exports. Minister Ahn Duk-geun plans to strengthen the ecosystem of materials, parts, equipment, and fabless sectors, and accelerate development of high-bandwidth memory and AI chips. This move comes as India invests $26bn in semiconductor manufacturing, while SK hynix Inc. plans four fabrication plants by 2046.
March 21, 2024
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