South Korea has announced a new strategy to strengthen its semiconductor industry, aiming to become the world’s leading producer. The plan includes a $50 billion investment in research, development, and manufacturing facilities. South Korean tech giants, such as Samsung and SK Hynix, will play a pivotal role in advancing chip technology.
The government also plans to collaborate with international partners to secure supply chain stability. As global demand for semiconductors continues to rise, South Korea’s initiative is expected to enhance its competitiveness in the tech industry.