S. Korea to invest 223 bil. won over 10 yrs in nurturing semiconductor talents

• Published date: 25 February 2023
• Publication title: The Korea Times

The South Korean government and the country's major chipmakers agreed Thursday to jointly nurture more than 2,300 top-level talents in the semiconductor field over the next decade in an effort to maintain global technology prowess, the industry ministry said.

The ministry signed a memorandum of understanding with Samsung Electronics Co., SK hynix Inc. and the Korea Semiconductor Industry Association, which calls for earmarking a total of 222.9 billion won ($171.72 million) together starting this year through 2032 for various research and development projects, according to the Ministry of Trade, Industry and Energy.

The projects will be led...