President Moon Jae-In of the South Korean government has announced that 510 trillion South Korean won ($452bn) will be invested in semiconductors by 2030. 1 USD is roughly 1100+ Korean won.
South Korea is currently world #2 behind Taiwan in manufacturing capacity.
Samsung Electronics and SK Hynix are leading the investment.
On the European side, as part of its Digital Compass plan, the EU declared in March its intent to increase its share of world manufacturing from 10% (2010) to 20% by 2030.
On the US front, Intel has committed to build two new factories in Chandler, Arizona for $20bn. Hsinchu-headquartered Taiwan's TSMC is already building out manufacturing capacity in Phoenix, Arizona, as part of a $12bn build out.
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