Tuesday, 11 August, 2026
Chips on the Table: South Korea Unveils $3.5B Fund to Power Semiconductor Hubs
By TechShots Studio
South Korea will launch a 5 trillion won ($3.52 billion) semiconductor fund alongside 5 trillion won in trade finance to bolster supply chains, fabless firms, and materials suppliers. Part of a broader $576B megaproject initiative involving tech giants Samsung and SK Hynix, the plan accelerates new manufacturing hubs with fast-tracked approvals, dedicated power, and water infrastructure.
Read full story at CIO ECONOMIC TIMES