The Necessity of Semiconductor Equipment: Yoon "Must Confirm Immediately, Quickly Find Support Measures"

[Image source=Yonhap News]

[Image source=Yonhap News]

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[Asia Economy Reporter Baek Kyunghwan] "Please check immediately. We need to find effective and practical support measures quickly."


President Yoon Suk-yeol has issued an additional special order to foster the semiconductor industry. Even after declaring the easing of regulations and active support to emphasize competitiveness in advanced industries, this is an additional message urging related ministries and the political sphere to begin full-scale support.


According to the Presidential Office on the 20th, during the recent 'New Government Economic Policy Direction Announcement Meeting,' President Yoon gave additional instructions on semiconductor support to Deputy Prime Minister and Minister of Economy and Finance Choo Kyung-ho. When the necessity of semiconductor research equipment was emphasized during a session arranged to hear policy proposals from private experts, President Yoon told Deputy Prime Minister Choo, "Please check immediately," and instructed him to promptly prepare effective and practical support measures.


President Yoon immediately expressed agreement with experts who raised concerns about the effectiveness of his directive emphasizing 'semiconductor talent development.' When Kim Sung-jae, Director of the Seoul National University Semiconductor Joint Research Center, said, "We are number one in the world in the semiconductor field. That means we must educate semiconductor personnel ourselves," and added, "But purchasing one piece of equipment costs 200 billion won. Increasing university enrollment does not mean more education can be provided. Education is only possible if equipment is available," President Yoon emphasized, "Please carefully review various aspects such as financing to ensure this works well."



The response from ministries and the National Assembly to President Yoon's 'Semiconductor Love' initiative since the new government began has been swift. They are mobilizing all available channels to unite around the new government's 'Semiconductor Drive' policy direction. A Presidential Office official said, "As President Yoon's commitment to fostering the semiconductor industry continues to be emphasized, even unrelated ministries will have no choice but to engage in discussions for direct and indirect support," adding, "Changes at the educational and field levels will also appear quickly."


This content was produced with the assistance of AI translation services.

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