South Korea announces over $23 billion for chip sector as Trump tariffs on semiconductor imports loom
1. South Korea announces $23.25 billion support for semiconductor industry. 2. U.S. tariff uncertainty reported to impact semiconductor imports. 3. South Korea's chip exports reached $141.9 billion in 2024. 4. 20 trillion won allocated for low-interest loans to semiconductor firms. 5. Market reacted positively with Kospi and major semiconductor stocks rising.