Good news for $SK hynix(SKHY)$-To The Moon - Tiger Brokers Online Investing Community - To The Moon

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Investordude1301
08-10 17:50

Good news for $SK hynix(SKHY)$ and $Roundhill Memory ETF(DRAM)$

South Korea to Establish Fund for Semiconductor Materials, Parts and Equipment, Official Says

South Korea's presidential office said it will establish a 50 trillion won fund to invest in promising semiconductor materials, components and equipment

South Korea to Establish Fund for Semiconductor Materials, Parts and Equipment, Official Says

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South Korea will launch a new 5 trillion won ($3.52 billion) semiconductor fund focused on promising chip materials, components and fabless companies, Presidential Chief of Staff Kang Hoon-sik said on Monday, as part of government plans to build chip clusters.</p><p style=\"text-align: left;\">Kang said the government would also provide 5 trillion won in trade finance for export-oriented suppliers and seek passage of a Mega Special Zone Act this year to accelerate permits, environmental reviews and infrastructure development.</p><p style=\"text-align: left;\">The government will secure 650,000 tonnes of water supply by 2030 for semiconductor projects in the Honam region, while the Yongin semiconductor cluster will receive a planned 14.7 gigawatts of power by 2041, Kang said.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"KEP":"韩国电力","DDI":"DoubleDown Interactive","SHG":"新韩金融","PKX":"浦项钢铁","SKM":"韩国SK电信","KF":"韩国基金","EWY":"韩国ETF-iShares MSCI","KB":"韩国国民银行","KDEF":"PLUS Korea Defense Industry Index ETF","GRVY":"重力社","LPL":"LG Display Co ADS","MKOR":"Matthews Korea Active ETF","KPOP":"KPOP AND KOREAN ENTERTAINMENT ETF","KT":"韩国电信","KORU":"3倍做多韩国ETF-Direxion","FLKR":"Franklin FTSE South Korea ETF","CPNG":"Coupang, Inc."},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1123706219","content_text":"SEOUL, Aug 10 (Reuters) - 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