South Korea is ramping up its investment in advanced semiconductor technologies, with a 7% increase in manufacturing investment for 2025, bringing the total to ₩119 trillion KRW ($84 billion USD, or ¥5.99 trillion RMB). This move aims to bolster AI-driven memory chips and next-generation semiconductor technologies, aligning with the global surge in AI hardware demand.
semiconductor industry growth
The global semiconductor equipment market is experiencing robust growth, fueled by increasing demand for artificial intelligence (AI), big data, and advanced chip manufacturing. In response, Tokyo Electron (TEL) recently announced a major investment in a new production facility in Miyagi Prefecture, Japan, dedicated to manufacturing plasma etching and other semiconductor production equipment.
The semiconductor industry continues to see rapid advancements, with leading foundries TSMC and Samsung unveiling significant updates in their operations and strategies. These developments not only reflect their technological prowess but also hint at the increasingly competitive landscape of the global wafer foundry market.
Chongqing's Western Science City has announced the launch of the Western (Chongqing) Science City Angel Fund, aiming to accelerate technological innovation and the growth of early-stage companies. The fund boasts a total size of 5 billion RMB, with an initial phase of 3 billion RMB. Individual projects can receive up to tens of millions in investment, targeting startups in sectors such as intelligent connected vehicles, integrated circuits, and biopharmaceuticals.
On December 5, the Shenzhen Stock Exchange (SZSE) announced that the application for Rongda Photovoltaic’s private placement of securities has been accepted.
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