Design Support Center in Pangyo stimulates semiconductor chip development

Now, you are one step closer to making your own semiconductor chip. Anyone who wants to design a semiconductor chip can really do it at this center that opens 24 hours, 365 days a year.

It is happening at the System Semiconductor Design Support Center. Chich recently opened at Gyeonggi Business Growth Center in Pangyo on June 29. At the opening ceremony, the Ministry of Trade, Industry and Energy (MOTIE) announced the new system semiconductor industry development strategy with the invited companies.

A vision and strategy for system semiconductor

The government had announced the vision and strategy for system semiconductor April 2019. The following step, System Semiconductor Design Support Center was opened to provide one-stop support for the development and commercialization of fabless companies.

The government plan to fund the cost to make the chips made by fabless at the foundry. In addition to this, it will also support commercialization and mass usage of the chips to expand the semiconductor IPs and made-in-Korea IPs.

MOTIE is currently selecting companies in nine industries including AI, touch-circuit, and autonomous vehicle sensors for fostering. It is planning to select 11 additional companies by 2021.

System Semiconductor Design Support Center is expected to strengthen the system semiconductor ecosystem. By providing an analysis and measurement infrastructure that evaluating the cost of implementing the designed chip as a prototype and whether the prototype is operating normally.

The government will also fully operate a system semiconductor fund of 100 billion won.

Minister Seong of MOTIE said. “We will strengthen the linkage between companies. So that Korea can leap into a system semiconductor powerhouse. And support industrial competitiveness by fostering professional manpower and supporting R&D.

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Leo Thevenet is a technology enthusiast and a devoted fan of the startup world. His journey began after completing his Bachelor's degree in Software Engineering in France. However, it was his experience earning a Master's degree in IT from the prestigious Tsinghua University in Beijing, China, that truly ignited his passion for innovation and entrepreneurship. With an insatiable desire to learn and share, Leo brings you the latest updates and insights on the startup scene. His enthusiasm for global innovation knows no bounds, and you'll often find him attending and covering major startup events worldwide. From CES and Web Summit to Slush and beyond, Leo is your go-to source for news and trends in the tech industry. Thanks to a strategic partnership with a government association in South Korea, Leo also delivers exclusive updates on cutting-edge innovations from the region. Stay tuned to Startup World to benefit from Leo's wealth of knowledge and expertise as he continues to explore the ever-evolving landscape of startups and technology.

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