![](https://wnewsnet.com/wp-content/uploads/2024/05/south-korea-aims-to-bolster-local-chip-production-with-19-billion-of-support.jpeg)
South Korea is the latest country to support its local semiconductor industry in a significant fashion. It's trying to stay competitive with the likes of the US, China and Taiwan with the help of a 26 trillion won ($19 billion) support package. The country will extend tax breaks that were set t...