According to foreign media reports, South Korea, which vigorously promotes the development of the chip industry, will set up a new fund worth 300 billion won for the chip industry to promote the development of related companies.
Judging from foreign media reports, South Korea’s newly established fund worth 300 billion won for the chip industry was announced by the South Korean Ministry of Trade, Industry and Energy on Monday local time. The new fund is expected to be established this year.
South Korea’s newly established fund for the chip industry will be funded by multiple parties. Among them, Samsung Electronics and SK Hynix, two major chip manufacturers, have committed to invest 75 billion won. The Korea Development Bank, Korea Development Bank and several other entities will be the fund of funds Another 75 billion won in policy financing will be provided, and the remaining 150 billion won will come from private investors.
South Korea has set up a new fund of 300 billion won, which is intended to strengthen the strength of logic chips and related materials and parts companies and enhance the strength of the chip ecological industry chain.
Foreign media mentioned in the report that South Korea has established funds of 240 billion won and 120 billion won in 2017 and 2020, but the funds of these funds are expected to be used up next year.
Judging from foreign media reports, South Korea has newly established a fund worth 300 billion won for the chip industry, and it also considers solving financing difficulties for related companies. Foreign media mentioned in the report that the new fund will support fabless manufacturers and material manufacturers, component manufacturers and equipment manufacturers related to the chip industry. Due to the industry downturn and rising interest rates, these companies have encountered financing difficulties. challenge.