Korea is fostering 20 chip designers or fabless [SHUTTERSTOCK] Korea is fostering 20 fabless chip designers as part of the country's effort to become a chip powerhouse. The Ministry of Trade, Industry and Energy announced Monday it has initiated a long-term project dubbed the Global Star Fabless Project. Under the project, the ministry selected 20 Korean chip design companies to receive government support for technology development, the manufacture of test products, financing, global marketing and the nurturing of chip design experts.

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