South Korea unveils $19B support package for chip industry

02:56

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Asia Pacific

South Korea unveils $19B support package for chip industry

South Korea has unveiled a 19-billion-dollar package to support chip-making companies as it seeks an edge in the global industry. The move comes as part of a strategic push to secure semiconductor supremacy as the rise of Artificial Intelligence continues to boost demand for computer chips. Omer Bakkaloglu reports.

September 17, 2024