South Korea Eyes $3.1 Billion Foundry to Supercharge Its Chip Industry
South Korea is making a bold move to strengthen its semiconductor sector. The government is considering building a new foundry worth about $3.06 billion (4.5 trillion won) to support chip manufacturing at home. This plan signals how serious the country is about competing globally as demand for chips, especially for AI, data centers, cars and electronics, continues to surge.
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