Recent events
2026-02-11
Other facts
SECONDARY
In February 2026, MOTIE announced a 1 trillion won K-On-Device AI Semiconductor Joint Development and Commercialization Project to reduce reliance on foreign AI chips, forming an AI chip consortium with domestic…
2026-02-10
Other facts
SECONDARY
MOTIE allocated 1.29 trillion won for materials and components development in 2026, with 145.4 billion won earmarked for semiconductors, 125.7 billion won for secondary batteries, 111.2 billion won for bio, and 88.3…
2025-12-05
Other facts
SECONDARY
In December 2025, MOTIE and UK-based Arm announced a joint programme to train 1,400 AI semiconductor specialists by 2030 through a dedicated Arm School operating from 2026.
2025-10-30
Transactions
SECONDARY
In October 2025, the Invest Korea Summit, co-hosted by MOTIE and KOTRA, drew a record $1.21 billion in foreign investment pledges from Tokyo Electron, Mitsui Chemicals, Ocean Winds, and Valeo, among others, in sectors…
2025-05-02
Votes
PRIMARY
In May 2025, an amendment to FIPA was introduced in the National Assembly granting the MOTIE Minister explicit statutory authority to restrict or prohibit foreign investment threatening national security, subject to…
2025-03-24
Transactions
PRIMARY
In March 2025, MOTIE Minister Ahn Duk-geun hosted a roundtable with the foreign business community, reaffirming commitment to improve the investment environment, increase cash-grant incentives (up to 75% for R&D…
2025-01-21
Transactions
PRIMARY
MOTIE oversees FDI approval under the Foreign Investment Promotion Act (FIPA), requiring mandatory filing for investments acquiring 50% or more of voting shares in Korean companies, especially those possessing National…
2024-12-27
Transactions
SECONDARY
In December 2024, MOTIE announced a KRW 36.4 billion (US$24.79 million) investment funding 48 next-generation semiconductor R&D projects spanning PIM chips, advanced packaging, on-device AI semiconductors, compound…
2024-08-27
Transactions
PRIMARY
In August 2024, MOTIE amended the Enforcement Decree of FIPA to establish ex officio review authority, allowing initiation of national-security reviews even without a foreign investment filing and for transactions…
2024-07-05
Other facts
PRIMARY
Under the Industrial Technology Protection Act (ITPA), MOTIE designates National Core Technologies (NCT). As of July 2024, 75 technologies across 13 fields — including semiconductors, displays, and automobiles — were…
2022-07-18
Transactions
PRIMARY
On July 18, 2022, MOTIE amended the FIC-approved cash grant programme to offer up to 50% cash reimbursement for FDI in strategic industries including semiconductors, batteries, and vaccines, raising the state…
2013-03-23
Other facts
PRIMARY
MOTIE was formed on March 23, 2013 under President Park Geun-hye's cabinet reorganisation, consolidating trade duties from the Foreign Ministry with industry and energy portfolios. Prior iterations include the Ministry…
