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South Korea Unveils $19 Bln Package to Compete in Global Chip Warfare

South Korea announced on Thursday a 26 trillion won ($19 billion) support package for its chip businesses, citing a need to keep up in areas like chip design and contract manufacturing amid 'all-out warfare' in the global semiconductor market, Reuters said. Under the package, President Yoon Suk Yeol said a financial support program worth about 17 trillion won was planned through state-run Korea Development Bank to back investments by semiconductor companies, according to the presidential office.

South Korea unveils US$19-billion support package for semiconductor sector to compete in global chip warfare

South Korea unveils US$19-billion support package for semiconductor sector to compete in global chip warfare
scmp.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from scmp.com Daily Mail and Mail on Sunday newspapers.

South Korea unveils US$19-billion support package for its chip businesses

South Korea unveils US$19-billion support package for its chip businesses
theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.

South Korea unveils $19bn package to compete in global chip warfare

Financial support programme is planned through state-run Korea Development Bank to back investments by semiconductor companies

SK Hynix logs surprise Q4 profit, aims to be total AI memory chip provider

South Korea s SK Hynix Inc said on Thursday it will focus on high-end memory semiconductors used in artificial intelligence chipsets this year after strong demand drove a surprise profit in the.

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