[South Korea Establishes 5 Trillion Won Semiconductor Fund, Provides 5 Trillion Won Trade Financing] According to Reuters, South Korea's Presidential Chief of Staff Kang Hoon-sik stated that South Korea will launch a 5 trillion won (approximately $3.52 billion) semiconductor fund to invest in chip materials, components, and fabless companies. The government will provide 5 trillion won in trade financing to support export-oriented suppliers and promote the passage of the 'Special Mega Industrial Complex Act.' The government plans to secure 650,000 tons of water supply for semiconductor projects in the Honam region by 2030, and the Yongin Semiconductor Cluster will receive a planned power supply of 14.7 billion watts by 2041.