South Korea's $3B Semiconductor Plant: A New Era
Update: 2025-12-10
Description
South Korea aims to build a $3.06 billion chip manufacturing plant, focusing on memory chips, foundry business, and fabless chip design. The project involves a joint effort between the government and private companies, with a special committee led by President Lee to oversee national policies. The government also plans to produce defense-related semiconductors domestically and prioritize local chip production for national security infrastructure.
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