Announcement
26 Jun 2023
In June 2023, the South Korean Ministry of Science and ICT (MSIT) announced providing KRW 100 billion for the first phase of the K-cloud project in order to allow South Korean data centers to use homegrown artificial intelligence semiconductors by 2030.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
26 Jun 2023
Revocation date:
31 Dec 2025
Updated: 26 Jun 2023
State aid, unspecified
In force
On 26 June 2023, the South Korean Ministry of Science and ICT (MSIT) announced providing KRW 100 billion (USD 76.6 million) for the first phase of the K-cloud project. The financing will ...
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