South Korea to create USD 230 million fund for chip industry
Image Credit: business standard
South Korea will create a fund worth 300 billion won ($229.25 million) to ensure the stable value chain of the chip industry by strengthening the logic chip sector and related materials, parts and components firms, the industry ministry said on Monday. The largest-scale fund for the semiconductor industry is expected to be launched within this year, reports Yonhap news agency.