AI Semiconductor Demand-Supply Companies Form Alliance... Launch of AI Semiconductor Collaboration Forum

The Ministry of Trade, Industry and Energy announced that on the 2nd, the launch ceremony of the 'Artificial Intelligence (AI) Semiconductor Cooperation Forum' was held at the Korea Semiconductor Industry Association in Seongnam, Gyeonggi Province, attended by Kang Kyung-sung, 1st Vice Minister of the Ministry of Trade, Industry and Energy, and Kang Do-hyun, 2nd Vice Minister of the Ministry of Science and ICT. The forum was launched to expand cooperation between the seven major domestic key industry companies and AI semiconductor companies, enhance the competitiveness of the AI semiconductor ecosystem, and secure market leadership.

The launch ceremony was attended by leading demand companies in the seven major domestic industries including automobile, machinery & robotics, Internet of Things (IoT) & home appliances, mobile & server, bio & healthcare, energy, and defense, as well as intellectual property (IP) companies, fabless, foundry, and semiconductor production companies such as post-processing.

An 'AI Semiconductor Ecosystem Activation Business Agreement' was also signed between semiconductor demand and supply industry associations. The agreement ceremony was attended by Korea Semiconductor Industry Association, Korea Fabless Industry Association, Korea Automobile Mobility Industry Association, Korea Electronics and Telecommunications Industry Promotion Association, Korea Machinery Industry Promotion Association, Korea Robot Industry Association, Korea Information and Communication Promotion Association, and Korea Medical Device Cooperative.

At the launch ceremony, following the presentation on 'Global AI Semiconductor Trends and Policy Suggestions' and the presentation on 'Collaboration Cases between Demand and Supply Companies,' a policy meeting among companies across the entire AI semiconductor value chain was held. The forum operates with a demand-manufacturing division that discovers cooperative projects between demand and supply companies and a design-manufacturing division that discusses the creation of the AI semiconductor ecosystem.

The government announced that the forum will support development costs by selecting and evaluating on-device AI semiconductor product development matches between demand and supply companies as needed. Additionally, through the establishment of the System Semiconductor Verification Support Center project, testing and verification services required by AI semiconductor companies will be provided starting from the second half of this year.

Financial support through the semiconductor ecosystem fund and continuous promotion of research and development (R&D) support such as next-generation intelligent semiconductor technology development and PIM (Processing-In-Memory) AI semiconductor projects are also planned.

The government added that it will promptly prepare a pan-government strategy to strengthen the competitiveness of the AI semiconductor industry after gathering opinions from companies.

Kang Kyung-sung, 1st Vice Minister of the Ministry of Trade, Industry and Energy, stated, "As AI, including on-device AI, spreads across all industries, the demand for AI semiconductor development from global companies is rapidly increasing, opening a golden opportunity for our semiconductor companies. The government will support corporate activities overall, including demand linkage, infrastructure, research and development (R&D), and finance, through the AI Semiconductor Cooperation Forum to promote cooperation among companies."

Kang Do-hyun, 2nd Vice Minister of the Ministry of Science and ICT, said, "To prepare for the full-fledged AI everyday life era, it is important that AI semiconductors, which represent hardware competitiveness in the AI field, and corresponding AI software and cloud services organically interconnect and grow together. We will invest generously in low-power AI semiconductor technology innovation, including the advancement of Korean-style NPUs (Neural Processing Units), neuromorphic technology, and core PIM technology development."

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