South Korea plans to establish a "Future Response Fund" to leverage semiconductor tax benefits to promote growth and balanced development.

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Mars Financial News, according to The Edge Malaysia, reported that on July 5, the South Korean President’s chief of staff, Kang Hoon-sik, said the Lee Jae-myung administration plans to use additional tax revenue generated by the semiconductor boom to set up a “Future Response Fund” to support three major superprojects (semiconductors, physical AI, and data centers), cultivate new growth momentum, address “K-shaped” economic polarization, and provide housing, entrepreneurship, and employment support for people aged 20 to 30. Samsung Electronics, SK Hynix, and government agencies plan to invest several thousand billion dollars into the above projects, aiming to strengthen South Korea’s global competitiveness in chips and AI and promote balanced development in regions beyond the capital area.
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