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South Korea to set up $7-billion aid package for chip industry

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Samsung समाचार

South Korea will set up an aid package worth more than $7 billion to support its chip industry, the finance ministry said Sunday, as part of its drive to boost its critical semiconductor sector.

SEOUL, South Korea —

The $7.2-billion package could be created through "a new fund financed by private and public financial institutions", Choi told executives of domestic chip makers at a meeting on Friday according to the statement, with further details to be announced. Semiconductors are Seoul's leading export and hit $11.7 billion in March, their highest level in almost two years, accounting for a fifth of South Korea's total exports, according to figures released by the trade ministry.

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हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

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South Korea prepares support package worth over $7-B for chip industrySouth Korea is readying plans for a support package for chip investments and research worth more than 10 trillion won ($7.30 billion), the finance minister said on Sunday, after setting its sights on winning a 'war' in the semiconductor industry.
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