Overview
- South Korea has raised its semiconductor support package from 26 trillion won to 33 trillion won, equivalent to approximately $23 billion.
- An additional $4.9 billion will be invested to bolster the industry, with funds allocated through 2026.
- The government has increased low-interest loans for semiconductor companies from 17 trillion won to 20 trillion won to ease financial pressures.
- Infrastructure investments include building underground power transmission lines at semiconductor clusters in Yongin and Pyeongtaek.
- The measures aim to address uncertainties from US trade policies, including potential 25% tariffs on semiconductor imports.