South Korea Mulls Creating 'KSMC' Contract Chipmaker To Compete With TSMC

An anonymous reader quotes a report from Tom's Hardware: Although Samsung Foundry is a major chip contract manufacturer, the South Korean government mulls creating a government-funded contract chipmaker tentatively called Korea Semiconductor Manufacturing Company, KSMC, reports The Korea Biz Wire. Industry experts and academics have proposed the initiative.The Semiconductor Industry Association's Ahn Ki-hyun called for a long-term government investment. Experts project that an investment of KRW