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S Korean president announces record $19 bil plan to boost chip industry

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Sounds like government unfair subsidies. Bring on the USA sanctions.

-2 ( +0 / -2 )

The $7 billion subsidy is one order of magnitude short.

70% of the semiconductors supplied are memory-related, so even if South Korea stops producing them, there will be no particular problem in the long run.

Why are semiconductor companies building new factories one after another in Japan?

Why can't Korea ride that wave?

The answer is that it is already too late.

1 ( +1 / -0 )

Why are semiconductor companies building new factories one after another in Japan?

To take advantage of the joke wages engineers in Japan earn.

-4 ( +0 / -4 )

With American money

-2 ( +0 / -2 )

This may backfire. I'm pretty sure new FABs boosted by corporate welfare payments are not the primary concern of SK voters. The cynical might suggest they are feather bedding in the private sector before being voted out. Surely not.

0 ( +0 / -0 )

Sounds like government unfair subsidies. Bring on the USA sanctions.

There's no SoE making semi in SK, so compared to China, any money spent is purely capability investment.

Seriously, Liu He, China's most senior trade rep has admitted publicly, on state media that government subsidies is necessary for Chinese private companies to thrive. That is the business model, rob poor Chinese to subsidise rich CCP card carrying members.

0 ( +0 / -0 )

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