The Korean government has set a goal of domestically producing 50% of semiconductor materials, parts, and equipment by 2030 on the 21st. Raise from the current 30%.


Part of the government's strategy to strengthen the semiconductor industry. We aim to become a "superpower" in the semiconductor field by stabilizing the supply chain and strengthening resources.


According to the Ministry of Industry, Trade, and Resources, the domestic production rate of semiconductor devices is currently about 20%, and the domestic production rate of semiconductor materials is 50%.


It will invest 300 billion won ($ 230 million) to support the technological innovation of small and medium-sized enterprises and the merger and acquisition (M & A) of semiconductor design companies.


It will invest 950 billion won in research on the development of semiconductors for electric power and automobiles in 2012-30, and 1.2 trillion won in the development of semiconductors for artificial intelligence (AI) by 2017.


With the expansion of semiconductor production bases in Pyeongtaek and Yongin, we will increase investment in core infrastructures such as electricity and water, and consider additional tax incentives for corporate capital investment.


The public and private sectors will work together to strengthen the semiconductor-related workforce and train at least 150,000 people in the next 10 years. Semiconductors have been the top export product in South Korea for the ninth consecutive year. In 2009, it accounted for 19.9% ​​of the total export value.