Tag: South Korea

South Korea to launch $5bn semiconductor fund

Posted on   |  by Kyu-seok Shim and Heejin Kim
South Korea will launch a 5 trillion won semiconductor fund targeting promising chip materials, parts, equipment and fabless companies, a presidential official said, as Seoul seeks to accelerate plans...

South Korea agrees to join UAE’s Stargate AI project

Posted on   |  by Hyunjoo Jin
South Korea has agreed to work with the United Arab Emirates on the US-backed Stargate project to build a massive new artificial intelligence data campus in the Gulf country....

South Korea unveils US$23b support package for semiconductors

Posted on   |  by Hyunsu Yim and Jihoon Lee
The South Korea government has increased its support package for the country’s semiconductor industry to ₩33 trillion (US$23.25 billion), up about 25 per cent from a ₩26 trillion package...

Hanwha on local defence industry partnership spree

Posted on   |  by Brandon How
Hanwha signed three new local defence industry partnerships and renewed its collaboration agreement with Deakin University last week at the Land Forces 2024 conference in Melbourne. The industry agreements...

$8.5m to ready Qld port for hydrogen exports

Posted on   |  by Brandon How
The Queensland state government has made a multi-million commitment to support green hydrogen exports as Premier Annastacia Palaszczuk announces further progress on two hydrogen projects backed by investment from...

Qld-South Korea signs $20bn green ammonia deal

Posted on   |  by Brandon How
Queensland will export more than one million tonnes of green ammonia to South Korea annually by 2032 as three of the country’s largest conglomerates and Queensland-based Ark Energy embark...