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South Korea announced an additional $5 billion investment in the semiconductor industry

Gabriel Dumitrache
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15 April 2025, 08:46
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International
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The South Korean government has announced an additional investment of 4.9 billion dollars in the semiconductor sector, in view of the challenges posed by possible US tariffs. The plan aims to help local companies such as Samsung and SK Hynix in the face of intensifying global competition. Total investment in the sector will rise from $18.2bn to $23.1bn, including infrastructure development. The measure is part of a revised budget to be voted on in parliament.

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South Korea has announced an investment plan in the field of chips and artificial intelligence.
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South Korea will use the additional tax revenues from the semiconductor industry to create a national fund dedicated to investments in artificial intelligence and social projects.
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