On December 10th, at the "Korean Semiconductor Vision and Promotion Strategy Report" conference held by the South Korean government, Zhao Jishuo, CEO of DB Hitech, stated that they need to expand their silicon carbide production capacity to respond to market demand and requested government support to expand 8-inch silicon carbide production capacity and develop next-generation power semiconductors.
At the meeting, Zhao Jishuo also revealed the investment plan of Eastern High Tech: Currently, Eastern High Tech is investing 120 billion Korean won (about 573 million RMB) to develop silicon carbide technology, with the goal of completing the development by the end of 2026; In the next five years, Eastern High Tech plans to invest 1.5 trillion Korean won (approximately 7.163 billion RMB) in expanding cleanroom facilities, increasing high-power BCD process capacity, and establishing a silicon carbide (SiC) mass production system.
Zhao Jishuo emphasized that the establishment of a silicon carbide mass production system in South Korea is urgent and requires active support from various departments of the South Korean government. If the South Korean government is establishing a national growth fund of 150 trillion Korean won (approximately 716.251 billion yuan), it is hoped that it can consider investing in Eastern High tech.
On the same day, at the "Korea Semiconductor Vision and Promotion Strategy Report" conference, the South Korean government announced its medium - and long-term strategy, planning to invest approximately KRW 700 trillion (about RMB 3.34 trillion) by 2047 to build the world's largest semiconductor industry cluster in Longin and add 10 wafer fabs, bringing the total number of wafer fabs to 37.
In addition, the South Korean government is building the "Southern Semiconductor Innovation Belt" connecting Guiwei, Gyeongsangbuk do, Busan, and Gwangju, aiming to diversify the semiconductor infrastructure currently concentrated in the capital region. Specifically, by turning Guiwei into a material and component center, Busan into a power semiconductor center, and Gwangju into an advanced packaging center, new production bases will be created.
Among them, Busan also plans to invest 40 billion Korean won (approximately 191 million RMB) to build an 8-inch silicon carbide demonstration wafer factory by 2028. The South Korean government has made it clear that it will strongly support investment in advanced material production facilities such as silicon carbide and gallium nitride.