The Korean Chips Act intends to maintain tax breaks for domestic chip manufacturers

The Korean Chips Act intends to maintain tax breaks for domestic chip manufacturers. A new law has been passed in Korea to help domestic semiconductor manufacturers compete in the global chip weapons race. Pyeongtaek, Gyeonggi Province, Thursday: Construction of a Samsung Electronics semiconducto...

Korean Government and industry collaborate on US CHIPS Act issues

In response to the recently passed U.S. CHIPS Act and the Inflation Reduction Act (IRA), which could hurt the nation's semiconductor, automotive, and battery industries, the government has organized a taskforce with Samsung, SK, Hyundai Motor, LG, and other corporations.

Under the p...