South Korea plans bigger tax incentive to boost chip investment
2023-01-04 16:42:12 [Print]
South Korea plans to introduce larger tax relief to boost investment in its semiconductor industry, with a tax break as high as 25% for big chip companies, according to a scheme announced by the government on January 3.
The scheme, subject to approval by parliament, is expected to reduce the tax burden on companies by 3.65 trillion won (2.87 billion US dollars) in 2024, with a further reduction of RMB1.37 trillion (1.08 billion US dollars) each in 2025 and 2026.
The scheme, subject to approval by parliament, is expected to reduce the tax burden on companies by 3.65 trillion won (2.87 billion US dollars) in 2024, with a further reduction of RMB1.37 trillion (1.08 billion US dollars) each in 2025 and 2026.
Gallium Metal 99.99%min FOB China
Unit:USD/kg
China gallium metal producers' output statistics by province by month
Unit: mt
