Kim Dong-yeon: "We will form a TF to support the government's 300 trillion won system semiconductor development"
Kim Dong-yeon, Governor of Gyeonggi Province, announced that Gyeonggi Province will take responsibility for the future of South Korea's semiconductor industry.
On the 15th, Governor Kim introduced through his social media (SNS), "The government has announced the 'National Advanced Industry Development Strategy,'" and "a world’s largest system semiconductor cluster will be established in Yongin, Gyeonggi Province."
He continued, "So far, Gyeonggi Province has been in close consultation with Samsung regarding semiconductor industry investments," and added, "Today, we are pleased to bear fruit and warmly welcome this together with 14 million residents."
Furthermore, he promised, "Gyeonggi Province will respond swiftly to ensure the successful establishment of the advanced system semiconductor cluster," and "We will immediately form a 'Semiconductor Support TF' involving all related departments, relevant cities and counties, and infrastructure-related organizations to provide support."
He also emphasized, "By adding this new 7.1 million㎡ (2.15 million pyeong), 300 trillion won scale semiconductor cluster to the already developing 4.15 million㎡ (1.26 million pyeong), 120 trillion won scale SK Hynix semiconductor cluster, we will develop Gyeonggi Province into a truly world-class semiconductor cluster."
Hot Picks Today
"Stocks Are Not Taxed, but Annual Crypto Gains Over 2.5 Million Won to Be Taxed Next Year... Investors Push Back"
- "Don't Throw Away Coffee Grounds" Transformed into 'High-Grade Fuel' in Just 90 Seconds [Reading Science]
- Signed Without Viewing for 1.6 Billion Won... Jamsil and Seongbuk Jeonse Prices Jump 200 Million Won in a Month [Real Estate AtoZ]
- "Groups of 5 or More Now Restricted"... Unrelenting Running Craze Leaves Citizens and Police Exhausted
- "Even With a 90 Million Won Salary and Bonuses, It Doesn’t Feel Like Much"... A Latecomer Rookie Who Beat 70 to 1 Odds [Scientists Are Disappearing] ③
Earlier, the government held the '14th Emergency Economic and Livelihood Meeting' and announced the National Advanced Industry and National Advanced Industry Belt Development Strategy, which includes establishing the world’s largest 'advanced system semiconductor cluster.' The plan is to build five advanced semiconductor manufacturing plants by 2042 and attract up to 150 excellent domestic and international material, parts, and equipment (SoBuJang) companies, fabless companies, and others.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
