![K-Chip Act to Reinforce South Korea's Semiconductor Industry](/content/images/size/w720/2023/03/President_Biden_met_with_President_of_South_Korea_Yoon_at_the_Presidential_Office_in_Yongsan_2022.jpg)
K-Chip Act to Reinforce South Korea's Semiconductor Industry
The Lede: A South Korean ‘Chips Act’ is expected to boost the country’s semiconductor development and manufacturing capabilities as the technological competition between the U.S. and China brings volatility to the market.
What We Know:
* South Korea’s parliament has approved a bill known as the “K-Chips Act,