South Korea Plans Investment Fund From Chip Tax Revenue

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Source: Zero Hedge
Published: 2026-07-06 10:58 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Asia, South Korea, Tax & Budget, World News, Business & Economy, Asia Pacific
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Snippet:
At a time when chip and memory companies are disproportionately receiving the benefits of hundreds of billions in capex, and a growing number of politicians are consider ways to socialize these outsized gains, Yonhap News reported that South Korea plans to create an investment fund using tax revenue from its burgeoning semiconductor industry to finance long-term economic growth.
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