South Korea mulls creating 'KSMC' contract chipmaker to compete with TSMC, requires a $13.9 billion investment

Comments

• Stovetop@lemmy.world ⁨1⁩ ⁨day⁩ ago

  Can’t say it’s a bad idea. In the (hopefully) unlikely event China ever makes a move on Taiwan, it would give Korea’s initiative some huge demand from every tech sector in the West.

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  • gravitas_deficiency@sh.itjust.works ⁨1⁩ ⁨day⁩ ago

    Keep in mind, though, that TSMC is a core part of Taiwan’s strategic defense plans. They’re not likely to sit on their laurels and let another country take their crown away.

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    • legion02@lemmy.world ⁨1⁩ ⁨day⁩ ago

      Which is good right? Fosters both competition and market resilience.

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• sooper_dooper_roofer@hexbear.net ⁨1⁩ ⁨day⁩ ago

  South Korea’s defense budget is $47 billion and rising, they wanna increase it to $59 billion by 2028

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