South Korea's ruling party has introduced a special legislation aimed at strengthening the semiconductor industry. The proposed act includes provisions for subsidies to chipmakers and an exemption from the national cap on working hours.

This initiative is a strategic response to potential challenges posed by the incoming U.S. President Donald Trump's administration. The move highlights South Korea's dedication to maintaining its competitive edge in the global semiconductor market amidst changing geopolitical dynamics.

By providing financial support and regulatory flexibility, the government aims to mitigate risks and enhance the operational capabilities of domestic chip manufacturers.