South Korea to launch $3.5 billion chip fund, speed development of semiconductor hubs

Source: The Times of India· Reuters· August 10, 2026
South Korea to launch $3.5 billion chip fund, speed development of semiconductor hubs

The government will also provide a further 5 trillion won in trade finance for suppliers, Presidential Chief of Staff Kang Hoon-sik told a press briefing after a meeting chaired by President Lee Jae Myung on ‌Monday.

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