South Korea has unveiled a ₩26 trillion ($19 billion) support package for its semiconductor industry to maintain its competitive edge in the global market. This initiative aims to bolster chip design and contract manufacturing industries in the country amid fierce international competition, reports Reuters.
"As we all know, semiconductors are a field where all-out national warfare is underway. Win or lose, that depends on who can make cutting-edge semiconductors first," said Yoon Suk Yeol, the President of South Korea, at a meeting with the government.
