One of the first outcomes of the trip of Minister of Industry and Trade Lukáš Vlček to the Republic of Korea is the conclusion of a Memorandum on Cooperation in the field of semiconductor ecosystem development with the Korean Ministry of Trade, Industry and Energy. The Memorandum was signed by Minister Vlček and his counterpart, Korean Minister Ahn, during the meeting of the Czech-Korean Platform for Dialogue in the Supply Chain and Energy Sector (SCED) on 17 February 2025.
 Supporting this sector is a priority of the Economic Strategy: Czech Republic to the Top 10 and the follow-up National Semiconductor Strategy” emphasizes Minister of Industry and Trade Lukáš Vlček on his success, which is the negotiation of closer cooperation in the field of semiconductors.

Both the Czech and Korean sides confirm in the Memorandum their interest in strengthening the semiconductor ecosystems through an intensified bilateral cooperation. Together, they will actively promote the development of this strategic sector with an emphasis on strengthening the supply chain and joint industrial research and development.

Cooperation will include, inter alia:

• Supporting technological development in the field of semiconductor manufacturing in the Czech Republic and the Republic of Korea.
• Supporting the development and efficient use of local supply chain capabilities.
• Joint research and development in high-tech sectors, such as chip design, semiconductor manufacturing and equipment for the semiconductor industry.
• Developing expertise and sharing know-how through student and research exchange programmes.

South Korea dominates the semiconductor industry with strong technology giants such as the Samsung Electronics and the SK Hynix, which is one of the largest memory chip manufacturers in the world. Massive investment in research and development, advanced manufacturing technologies and a well-developed supply chain play a key role. The growth in demand for chips in areas such as AI, cloud computing and mobile technology further strengthens the Korea's position as a global leader in the semiconductor industry. The semiconductor sector is key to the country's digital and technological development.

“Our involvement in partnerships with Korean institutions and companies in this area will help strengthen the competitiveness of Czech industry and promote innovation in key technology sectors” added Petr Očko, Senior Director of the Digitisation and Innovation Section at the Ministry of Industry and Trade.

In the coming days, representatives of our Ministry will continue to hold talks with representatives of state and research institutions as well as with industrial companies to address specific projects of the Czech-Korean cooperation in the field of semiconductors.

Source: www.mpo.cz

Zpracoval kolektiv pracovníků zahraniční kanceláře CzechTrade Jakarta.