South Korea plans a $7.3bn support package to strengthen its semiconductor industry amid US pressure to restrict China's access.
South Korea plans a $7.3 billion support package to strengthen its semiconductor industry, targeting chip materials, equipment makers, and fabless companies. The program could include policy loans and the establishment of a new fund by state and private financial institutions. This move comes as US authorities press South Korea and other allies to tighten restrictions on China's access to semiconductor technology.
May 12, 2024
11 Articles