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S. Korea seeks to bite into non-memory chip market
By Byun Duk-kun
SEOUL, Sept. 9 (Yonhap) -- South Korea plans to spend up to 1.7 trillion won (US$1.45 billion) in the next five years to help the country's chipmakers find a way into the fast-growing non-memory chip market, the government said Thursday.

The move comes as the country's chipmakers, such as world leader Samsung Electronics Co. and Hynix Semiconductor Inc., which together control over 50 percent of the global memory chip market, have only about 3 percent of the bigger and more lucrative market for non-memory chips.