๐ South Korea Launches $3.5B Chip Fund to Supercharge Its Semiconductor Ecosystem
South Korea announced a 5 trillion won ($3.5B) semiconductor fund on August 10, specifically targeting chip materials, component makers, equipment suppliers, and fabless designers โ not just Samsung and SK Hynix. It's part of a broader national megaproject expected to draw over $576B in total chip manufacturing investment. Is government-backed chip strategy fast becoming the world's must-have industrial policy?
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