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13 May
11:09

Korea’s $7.3 billion fund to subsidise semiconductor industry

South Korea’s government reportedly plans to provide over KRW 10 trillion ($7.3 billion) to sponsor national semiconductor industry development. Choi Sang-mok, deputy prime minister and minister of strategy and finance, was cited by Yonhap News Daily as saying during his visit to a chip manufacturer in Gyeonggi-do last Friday: “The planned assistance program will support facility investment and research and development programs for all sectors of …
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