The federal government will create the world’s largest ‘high-tech system semiconductor cluster’ price 300 trillion won in Gyeonggi-do.

The Ministry of Trade, Industry and Energy (Minister Lee Chang-yang) and the Ministry of Land, Infrastructure and Transport (Minister Won Hee-ryong) announced on the fifteenth that they held the ’14th Emergency Economic and Public Welfare Meeting’ and announced these contents.

In keeping with this, the federal government plans to construct the world’s largest mega cluster in Gyeonggi-do by 2042 based on recent private investment of 300 trillion won within the system semiconductor field.

Established 5 cutting-edge semiconductor manufacturing factories (fabs) and attracted as much as 150 domestic and foreign materials/parts/equipment, fabless firms, existing production complexes (Giheung, Hwaseong, Pyeongtaek, Icheon, etc.) Pangyo), etc. to finish a semiconductor mega cluster.

To this end, it proposed a goal of fostering 10 fabless firms with sales of KRW 1 trillion by expanding the opening of the 4-nano process for AI semiconductors and the legacy process for semiconductors for automobiles and residential appliances, and intensively supporting excellent fabless prototype production and mass production.

As well as, a large-scale technology development project price 3.2 trillion won by 2030 can be promoted for the event of next-generation promising semiconductor core technologies corresponding to electric power, automotive, and AI semiconductors, and personal investment in production and research bases price 24 trillion won and government technology development price 360 billion won We plan to reinforce our competitiveness through support.

As well as, the federal government announced that it’s going to select candidate sites for national industrial complexes in 14 provinces to determine a ‘national high-tech industrial belt’ and create 15 national industrial complexes with a complete area of ​​40.76 million square meters (about 12 million pyeong) to completely support corporate investment.

These include ▲Yongin (system semiconductor) ▲Daejeon (nano/semiconductor) ▲Cheonan (future mobility) ▲Osong (railway cluster) ▲Hongseong Naepo Latest Town (future automotive/secondary battery) ▲Gwangju (future automotive) ▲Goheung (space launch vehicle) ) ▲Iksan (food tech) ▲Wanju (hydrogen) ▲Changwon (defense/nuclear power) ▲Daegu (future automotive/robot) ▲Andong (bio) ▲Gyeongju (small module nuclear power plant) ▲Uljin (nuclear hydrogen) ▲Gangneung (natural water bio) ) were included.

Samsung Electronics, Hyundai Motor Company, SK, LG, etc., who attended the meeting, announced corporate strategies for fostering high-tech industries in Korea, and decided to work along with the federal government and the private sector to foster high-tech industries.

The federal government said, “We plan to form a ‘National High-tech Industrial Belt pan-governmental promotion support group’ by which local governments, private experts, associations, research institutes, and firms participate, and to specify business plans for the designation of national industrial complexes.” In an effort to implement the plan, we are going to speedily promote the choice of project operators for every candidate site, establishment of a development plan, preliminary feasibility study, and consultation with related organizations.”

Reporter Lim Dae-jun ydj@aitimes.com