South Korea plans to create a new 5 trillion won ($3.5 billion) fund for chipmakers as part of a large-scale investment initiative in artificial intelligence and semiconductors. The fund will focus on semiconductor materials, parts, equipment, and companies that outsource chip fabrication, Presiden»»»

Agencies South Korea will launch a 5 trillion won ($3.52 billion) semiconductor fund targeting promising chip materials, parts, equipment and ‌fabless companies, a presidential official said, as Seoul seeks to accelerate plans for new chip manufacturing hubs across the country. The government will »»»

South Korean President Lee Jae Myung speaks during a government meeting to assess progress on three megaprojects at Cheong Wa Dae in Seoul on Monday. Pool photo by Yonhap The government plans to enact a special law this year to designate special zones for investment projects related to artificial i»»»

Seoul [South Korea], August 10 (ANI): South Korean President Lee Jae Myung on Monday ordered military operations to shift from Gwangju Air Base to other airfields by mid-2028 to accelerate the construction of a second semiconductor belt, according to a news report by Korea Herald.The directive came»»»

President Lee Jae Myung speaks during a meeting at the presidential office Cheong Wa Dae in Seoul on Monday to discuss ways to promptly implement a large-scale investment initiative for semiconductor manufacturing facilities and artificial intelligence data centers. (Pool photo via Yonhap) Presiden»»»

SEOUL, Aug 10 - South Korean President Lee Jae Myung on Monday urged the Defence Ministry to relocate a military airbase in Gwangju city by mid-2028 in order to accelerate the construction of a semiconductor manufacturing hub in the area. The remark came after his administration unveiled plans in J»»»