South Korea plans a ‘future response fund’ built on its AI chip tax windfall

South Korea plans a ‘future response fund’ built on its AI chip tax windfall

South Korea will seek to create a “future response fund” financed by the tax windfall from its semiconductor boom, Yonhap reported. The proceeds would flow into AI, advanced manufacturing, and other long-term growth engines. Presidential chief of staff Kang Hoon-sik said the fund would turn the extra tax revenue into investment resources for future generations. The government […]

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