➀ The Korean government has announced a 14 trillion won ($10 billion USD) policy financing package to support the semiconductor industry; ➁ The initiative targets chip material, component, and equipment manufacturers, as well as fabless companies; ➂ The package is a response to growing global uncertainties and increased trade risks.
Recent #Government Support news in the semiconductor industry
➀ Japan's Prime Minister Shigeru Ishiba announced a JPY10 trillion investment plan for the semiconductor and AI industries; ➁ The goal is to stimulate a total of JPY50 trillion in investments by 2030; ➂ The plan is part of a larger initiative to support these sectors.
➀ The German federal project 'skills4chips' aims to secure skilled professionals for the semiconductor industry by establishing a national educational academy. ➁ The 'Microtec Academy' is set to respond to the growing demand for skilled workers and will be coordinated by the Berlin Ferdinand-Braun-Institut. ➂ The project, which is funded by the Federal Ministry of Education and Research, will focus on upskilling and reskilling in microelectronics and microsystem technology, with a budget of 12 million euros over four years.
➀ The US government has announced a $100 million funding opportunity to apply AI and autonomous experimentation (AE) to next-generation semiconductor manufacturing. ➁ The investment aims to demonstrate that new sustainable semiconductor materials and processes can be designed and tested within five years. ➂ The funding will support universities, researchers, and graduates to increase the sustainability of semiconductor manufacturing and build a skilled workforce.
➀ IBM opened its first quantum data center outside of the US in Ehningen, Germany, with Chancellor Olaf Scholz in attendance; ➁ The center houses two IBM Quantum Eagle-based systems and an upcoming IBM Heron system, enhancing IBM's global quantum network; ➂ The German government is supporting the development of quantum technologies and the center is expected to foster innovation and business growth.
1. The Ministry of Science and ICT vows to ensure that companies' product development efforts are not in vain and lead to sales. 2. The ministry offers to help companies find buyers and provide any necessary support. 3. The 'Innovative Product Designation System' is highlighted as a way to support SMEs in entering the public procurement market.