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South Korea to boost support of semiconductor industry in the face of Trump’s tariffs

South Korea is set to bolster its semiconductor industry with a 33 trillion won financial support package, a 26% increase from last year, to counter uncertainties arising from potential U.S. tariff hikes and intensifying global competition. The initiative focuses on providing low-cost loans, subsidies, and infrastructure development to enhance the competitiveness of South Korean chipmakers and address trade concerns.

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