‘All-out support’ from the US, China, Japan and Taiwan… Creating a policy environment to match the pace of investment The United States protects its own industries with astronomical subsidies and ‘export controls’ through the Semiconductor Act. China creates a ‘big fund’ and invests tens of trillions of won in national funds every year. Japan forms a public-private alliance to invest... The announcement of large-scale investments by Samsung Electronics and SK Hynix, including the ‘Honam Area Semiconductor Cluster’, which the Taiwanese government directly designs, is imminent. “It’s unfamiliar to the people...