Global Trade Alert
Global Trade Alert

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Republic of Korea: KRW 300 billion fund to enhance competitiveness of semiconductor industry

Description

On 26 June 2023, the South Korean Financial Services Commission (FSC) announced the launch of a new Semiconductor Ecosystem Fund. The fund will invest in semiconductor materials, parts and equipment m...

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Intervention Details

Intervention Type

Capital injection and equity stakes (including bailouts)

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

26 Jun 2023

Revocation date

22 May 2024

Implementation level

NFI

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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