Global chip shortage: South Korea to offer tax breaks to local chipmakers

clock • 3 min read
South Korea to offer tax benefits to local chip makers to boost non-memory chip industry
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South Korea to offer tax benefits to local chip makers to boost non-memory chip industry

Government announces measures to foster the local non-memory chip industry and to tackle global shortages of automotive chips

South Korea announced on Thursday that it will offer tax incentives and loans to local chipmakers in an effort to foster the non-memory chip industry and to tackle global shortages of automotive ch...

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