South Korea has announced an investment increase by another $ 5 billion in the chip industry
South Korea has announced investments of $ 23.1 billion in the semiconductor industry – an increase of nearly $ 5 billion compared to the existing budget of $ 18.2 billion, the BBC reports.
The Ministry of Finance today said the increased support package comes in response to “Increased uncertainties“Created by the new American administration. Investments will be directed to the construction of infrastructure and talent recruitment to improve the semiconductor industry, writes news.ro.
South Korea is the country of origin of Samsung Electronics, the largest memory chips producer. Despite the record sales of semiconductor in 2024, Samsung remained behind the AI chips race.
In October last year, she apologized for displaying disappointing profits and concerns about concerns “His technical competitiveness”.
