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Global Trade Alert

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Republic of Korea: MOTIE provides KRW 93.88 billion to "Compound Power Semiconductor Advancement Technology Development Project"

Description

On 13 July 2023, the South Korean Ministry of Trade, Industry and Energy (MOTIE) announced providing KRW 93.88 billion (approx. USD 74 million) in state aid to the "Compound Power Semiconductor Advanc...

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Intervention Details

Intervention Type

State aid, unspecified

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

13 Jul 2023

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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