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19:45Doctors, government clash over med school quota hike at Assembly
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18:33Son Woong-jung at book signing event amid child abuse allegations
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18:26Kumho's EV tire wins acclaim in Europe
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18:16Yoon likely to keep PM amid reports of Cabinet reshuffle
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18:15Battery plant blaze reveals irregularities in hiring of foreign workers
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18:10[Today’s K-pop] BTS RM’s 2nd solo album chosen best in H124
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18:10Black's unchallenged reign in Korean wardrobes confirmed in poll
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18:08Police, Labor Ministry raid Aricell factory, partners
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18:06[Herald Review] 'Cherry Orchard': The story of 'lovely mess of a family'
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17:56South Korea plans overhaul of mental health policy
![Parties rush to roll out competing chip bills with heftier incentives](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=643&simg=/content/image/2024/06/26/20240626050604_0.jpg&u=20240626180402)
Industry
Parties rush to roll out competing chip bills with heftier incentives
South Korea’s rival parties are introducing stronger chipmaking support bills to boost the domestic semiconductors industry, sharing the consensus that existing policies are not sufficient for Korean chipmakers to compete against global rivals backed by massive financial grants. On Tuesday, Rep. Kim Tae-nyeon of the main opposition Democratic Party of Korea introduced a bill that involves a whopping 100 trillion won ($72 billion) subsidy program. Kim's proposal seeks to extend an exis