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MOTIE sets up Semiconductor Innovation Growth Support Division to handle mega projects

South Korea\'s Ministry of Trade, Industry and Energy has expanded its semiconductor policy organisation to bureau level by creating the Semiconductor Innovation Growth Support Division. The ministry said a cabinet meeting on Oct. 13 approved a decree revising its organisational rules to establish the unit, aimed at handling statutory duties under a new law and overseeing semiconductor mega projects. The ministry also said it will create an India Trade Cooperation Division.