| Mobile Web

Justem secures 30 billion won semiconductor policy funding from KDB

Justem has secured 30 billion won in semiconductor policy funding from the Korea Development Bank to speed construction of a third plant and expand research and development investment, it said on May 18. The financing is a fiscal-linked fund that KDB provides for facility investment to strengthen semiconductor manufacturing capabilities. Justem said it obtained the funding at an ultra-low interest rate with a 10-year repayment term.