Korea


2024-05-27

[News] A Subsidy Wave Sweeping in the US, Europe and Japan amid the Cut-Throat Chip Competition

According to Bloomberg, mega economies like the US and the EU have invested tens of billions of dollars in the research and mass production of next-generation semiconductors, and notably, this is only the initial amount of funding already received. Meanwhile, South Korea and Japan have also joine...

2024-05-24

[News] South Korea Reportedly Unveils USD 19 Billion Semiconductor Subsidy to Boost R&D and Infrastructure Investment

According to a report from CNA, the South Korean government has announced a comprehensive support plan for the semiconductor industry, amounting to KRW 26 trillion (roughly USD 19 billion). The plan includes substantial financial support, expansion of semiconductor parks, infrastructure development...

2024-05-17

[News] South Korea Reportedly Plans to open AI Chip Center in San Jose

According to a report from the Korean media outlet TheElec, South Korea is planning to establish an AI semiconductor innovation center in Silicon Valley. The Korean Semiconductor Industry Association (KSIA) announced on Wednesday that it would accept applications until May 30th for those interest...

2024-05-13

[News] South Korea Reportedly Pushes for KRW 10 Trillion Investment Plan to Strengthen Semiconductor Industry Position

The South Korean government is said to be planning to introduce a comprehensive chip investment and research support plan, surpassing KRW 10 trillion (roughly USD 7.3 billion) in scale, to enhance its position in the critical semiconductor industry, as per a report from Economic Daily News. Accor...

2024-05-07

[News] South Korea Reportedly Develops AI Chips for Autonomous Vehicles, Challenging NVIDIA

Recently, a report from South Korean media outlet BusinessKorea has indicated that the South Korean government is actively advancing new research and development (R&D) projects, including the development of AI chips for autonomous vehicles, with the aim of surpassing the American semiconductor g...

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