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South Korea to roll out $10 bln in loans next year to support chip industry

South Korea plans to roll out 14 trillion won ($10 billion) of low-interest loans next year to support its chip industry, the finance ministry said, as the sector grapples with Chinese competition and uncertainties over a new U.

Posted by Hicham ALAOUI RIZQ on 2024, Nov 26

Introduction

South Korea plans to roll out 14 trillion won ($10 billion) of low-interest loans next year to support its chip industry, the finance ministry said, as the sector grapples with Chinese competition and uncertainties over a new U.

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