South Korea raised its semiconductor industry support to ₩33 trillion won (US$23.17 billion) from the ₩26 trillion announced last June as it seeks to help domestic chip makers weather “an intensifying global trade war," said Finance Minister Sang-mok Choi, media report, adding ₩4 trillion of that is expected to be spent by 2026. The ₩33 trillion is part of a larger ₩50 trillion ($34.4 billion) fund for strategic industries, including autos. $HXSCL $SSNLF $Micron Tech(MU.US) #semiconductors
Source: Dan Nystedt
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