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Korean Government to Spend 8.8 Tril. Won to Support Semiconductor Industry in 2025

By Business Korea

21 Oct 2024

The Korean government will provide 8.8 trillion won in financial support to the Korean semiconductor industry by the end of 2025. It will invest more than 2 trillion won in infrastructure construction and provide more than 4 trillion won in liquidity through Korea Development Bank. It will also unveil within this year a plan to provide 6GW of electricity to the Yongin Semiconductor Cluster.

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