South Korea Launches Future Fund Amid Semiconductor Boom

South Korea plans to establish a 'future response fund' using tax revenue from its booming semiconductor industry, which is expected to see profits soar from 90 trillion to over 600 trillion won this year. The fund aims to invest in AI, advanced manufacturing, and support for younger generations. This initiative comes amid ongoing debates over profit sharing among industry players. Samsung and SK Hynix are driving this unprecedented corporate growth, with SK Hynix recently becoming Korea's most valuable company. Rival proposals for profit distribution are being discussed by lawmakers, while the government is committing substantial resources to bolster innovation. Officials have yet to reveal specific details about the fund's structure or launch date.