FILE PHOTO: The logo of Samsung Electronic is seen at its headquarters in Seoul, South Korea, April 4, 2016. REUTERS/Kim Hong-Ji
SEOUL (Reuters) - South Korea said on Thursday it is targetting supplying half of its chip materials, components and equipment locally by 2030, up from 30% currently.
The plan is part of President Yoon Suk-yeol administration's strategy to strengthen the semiconductor industry as the home to top memory chip makers Samsung and SK Hynix seeks to bolster supply chain stability and resources to become a "superpower" in the field.
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