This initiative follows its pledge last year to build the world's largest chip center using $240 billion of private investment, primarily from Samsung Electronics, the world's largest memory chip maker, as it seeks an edge in the global industry.
It comes as Asia's fourth-largest economy aims to invest heavily in six key technologies, including chips, displays and batteries, all areas where the country's tech giants are well-established already.South Korea is home to two of the world's largest memory chip makers: Samsung Electronics and SK Hynix.Semiconductors are Seoul's leading exports, and they hit $11.