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South Korea's science minister says a “sense of crisis” grips the chip industry, as the country passed legislation in August to boost its global competitiveness

Financial Times :

Financial Times

Discussion

  • @adam_tooze Adam Tooze on x
    South Korea's science minister has said a “sense of crisis” is gripping the country's semiconductor industry, as the east Asian nation braces for greater challenges from US & China in an intensifying global chip war. On top of IRA shock to EV sector! https://www.ft.com/... https:…
  • @crsdavies Christian Davies on x
    South Korea's science minister has said a “sense of crisis” is gripping the country's semiconductor industry, as the east Asian nation braces for greater challenges from the US and China in an intensifying global chip war. Our latest for the FT: https://www.ft.com/...
  • @chadbown Chad P. Bown on x
    “Korean companies have received relatively smaller tax benefits from the government and suffered from a lack of talent compared with China, the US and Taiwan, so we addressed the problems with the legislation.” https://www.ft.com/...