South Korea on Tuesday announced plans to invest an additional $4.9 billion in the country's semiconductor industry, citing "growing uncertainty" over US tariffs.South Korea's finance ministry said "growing uncertainty" following rounds of US tariff threats had left the powerful industry clamouring for government support.
  • Alphane Moon@lemmy.worldMEnglish
    1·
    1 day ago

    The package includes funding for infrastucture development, including underground transmission lines at semiconductor clusters which are currently being built.

    A very specific requirement. I guess it’s better that the SK government is considering infrastructure investment (the benefits of which can more broad) as opposed dtonjust giving companies money.