<ul><li>South Korea is considering launching a state-backed chipmaker, tentatively called Korea Semiconductor Manufacturing Company (KSMC), to strengthen the semiconductor industry.</li><li>Experts propose an investment of KRW 20 trillion ($13.9 billion) in KSMC to generate significant economic benefits.</li><li>Challenges faced by South Korea's semiconductor industry include overdependence on Samsung's advanced manufacturing nodes and a widening technological gap with competitors like Taiwan.</li><li>Proposals for reform and growth include repurposing older fabs, focusing on R&D, reducing regulatory burdens, and learning from Taiwan's successful semiconductor industry.</li></ul>

South Korea Considers Launching State-Backed Chipmaker to Bolster Semiconductor Industry

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