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flag South Korea proposes a special chips act to boost its semiconductor industry with subsidies and work hour exemptions.

flag South Korea's ruling party proposes a special chips act to support the semiconductor industry, offering subsidies and exemptions from working hour limits to compete with rivals like China and the US. flag The bill, vital for South Korea's economy as chips account for 16% of exports, requires opposition approval. flag Samsung's labor union opposes longer working hours for R&D employees.

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