As we all know, China is vigorously supporting its own chip industry, and its autonomous SSDs, memory, processors, and systems are all in hot pursuit.
These top-notch high-tech industries are not completely autonomous and will need to cooperate. According to the report of the Korean Herald, The South Korean Ministry of Trade, Industry and Energy said on Tuesday that South Korea has attracted about 500 million U.S. dollars in investment in technology from Chinese investors through ministerial roundtables, covering chips, biotechnology, automotive and robotics.
The South Korean Ministry of Science and Technology stated that it will support South Korean companies in technological matching with Chinese companies wishing to establish joint ventures or technical exchanges.
Data show that last year, foreign direct investment in South Korea grew by 7.7% to 22 billion U.S. dollars. In March this year, South Korea set a target of attracting more than 20 billion U.S. dollars in foreign direct investment this year, thus achieving four consecutive years of foreign direct investment. 200 billion U.S. dollars.
