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...

The export portfolio of Korea was diversified during the chip slump in 2019

SEOUL — The outgoing shipments of the Korean chips were substantially lost in the slowdown, data revealed on Sunday.  South Korea's export base became more diversified in 2019.

As per the estimates collected by the Ministry of Commerce, Industry, and Energy, the country o...