South Korea Proposes Stronger Incentives, Bigger Tax Breaks to Boost Critical Chip Sector | Technology News

South Korea Proposes Stronger Incentives, Bigger Tax Breaks to Boost Critical Chip Sector South Korea plans to introduce bigger tax breaks for chip manufacturers in the country, a month after a law allowing for new incentives was passed. The country has been caught between the US and China in an escalating fight over critical semiconductors, which are used in a wide range of electronic devices from smartphones to missiles.