South Korea announces $19 billion support package for country’s chip industry

South Korea announced on Thursday a 26 trillion won (an equivalent of $19 billion) support package for the country’s vital semiconductor industry, the country’s presidential office said. Under the package, President Yoon Suk Yeol said the government planned a financial support programme for chips worth about 17 trillion won through state-run Korea Development Bank to… Read More South Korea announces $19 billion support package for country’s chip industry