Feasibility Studies on 2 Projects to Start in 2022

The South Korean government's plan to invest 510 trillion won in the domestic semiconductor industry will be implemented starting next year.

The South Korean government is planning to invest 510 trillion won in the domestic semiconductor industry. The investment project is divided into five subprojects and preliminary feasibility studies for two are scheduled to be initiated next year. The two subprojects are to develop advanced sensor and processor-in-memory (PIM) technologies.

The sensor technology development is to facilitate data collection and processing in major industrial sectors and enrich the industrial ecosystem. To this end, the Ministry of Trade, Industry and Energy will assist in R&D activities and local governments will work on innovative manufacturing and testing platforms.

When it comes to the PIM R&D, the four ministries including the Ministry of Trade, Industry and Energy and the Ministry of Science and ICT will provide assistance for the AI chip development.

The other three subprojects are to build test beds that can be utilized by material, equipment and component suppliers, to build infrastructures such as advanced packaging platforms, and to train researchers and engineers on a large scale. Preliminary feasibility studies for the three will be initiated in 2023 after additional planning.

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