South Korea plans to boost strategic sectors like chips with $34B fund

Last updated: March 5, 2025 10:58 am

By MT HANNACH

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In the context of the national national flag of silk on several floors of the modern state of the Republic of Korea, Fluters Silk Cosp against Sky, for the designer, on the day of independence, the development of the state — Victor Golmer / Istock via Getty Images

South Korea plans to create a fund of $ 34 billion to provide financial assistance to strategic sectors such as fleas and cars in the world of world competition and growing protectionism, Reuters reported.

“Competitiveness in advanced strategic industries has become the