[South Korea to Invest Over $100 Million to Support SMEs, Covering the Semiconductor Industry] According to a report by Jinse Finance, on May 17, the South Korean government announced on Sunday that it will invest 170 billion won (approximately $113.3 million) to support small and medium-sized enterprises (SMEs) producing high-end strategic materials, components, and equipment. The scope of this support also covers advanced semiconductors and related industries.