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South Korea announces a ~$19B support package for its domestic chip industry, aiming to help boost its global market share in non-memory chips from 2% to 10%

South Korea announced on Thursday revised plans for a support package for the country's vital semiconductor industry worth 26 trillion won …

Reuters

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  • @bloombergasia @bloombergasia on x
    South Korea has unveiled a $19 billion package of incentives to bolster its chip sector, a boon to Samsung and SK Hynix as they race to stay ahead in an increasingly competitive industry. https://www.bloomberg.com/...