President Yoon Suk Yeol promised to invest around 500 trillion won ($372.86 billion) in Yongin to make the city a global chips production base as part of a larger project to build a semiconductor mega cluster in southern Gyeonggi on Monday.
Visitors enjoy traditional Korean folk dances and music at Korean Folk Village in Yongin, Gyeonggi, on Sunday, the day of Ipchun, or the onset of spring according to the lunar calendar.
President Yoon Suk Yeol announced a 622 trillion won ($471.4 billion) plan to build "the world's largest" chip cluster in southern Gyeonggi on Monday.
Subway service on the line was suspended between 7:24 a.m. and 8:15 after an outbound train broke down while going from Geolpo Bukbyeon Station to Unyang Station at 6:23 a.m. The Gimpo Goldline is also commonly called the "hell train."
An employee from a tanghulu store was spotted pouring boiled sugar syrup into a storm drain on the street in Gyeonggi earlier this month.
As Samsung Electronics is set to build a 300 trillion won chip cluster in Yongin, Gyeonggi, by 2042, the chipmaker will cooperate with the Korea Electric Power Corporation (Kepco) to secure a stable electricity supply for the complex site.
Police are investigating a woman suspected of dumping the body of her newborn in a vegetable garden in Gimpo, Gyeonggi seven years ago.
Korea will shorten the construction period of Yongin's mega semiconductor hub by two years, with the country looking to secure supremacy in the semiconductor business amid increasing global risk from the rivalry between the United States and China.
Korea will materialize supply chain cooperation with Japan for chips and seek joint investment as part of the country's plans to restore bilateral relations hurt by export restrictions and the domestic market.
If a bill aimed to provide subsidy and tax incentives for chip investment is stuck in the legislature due to a sharp conflict of interest, the country has no future.
Korea JoongAng Daily Sitemap