Semiconductor Fabs Near Launch as Infrastructure Falls Behind

FKI sent 41 deregulation proposals to authorities on September 21, 21 of which concern semiconductors. The Yongin cluster will start cleanroom operations for the first Y1 fab in February, but reconstruction of access road No. 57 will not be announced before October.

• Of 41 FKI proposals, 21 relate to semiconductors, 9 to biotech, 4 to batteries, 3 to robotics
• 21 initiatives require new laws or amendments by National Assembly
• FKI proposes cutting infrastructure project timelines from 42 to 18 months
• Proposes cash refunds for unused tax credits and extending carryforward from 10 to 20 years