# Korea backs $1.4B chip supplier fund

> Korean government and banks launch $1.4B trade program to support chip suppliers.
- Title: Korea backs $1.4B chip supplier fund · Dealroom | Shortify
- Summary: Korean government and banks launch $1.4B trade program to support chip suppliers. South Korea's government and four domestic banks launched a $1.68B…
- Keywords: south korea, huatai-pinebridge, star semiconductor, etf, chip suppliers, trade program, semiconductor equipment, startups, business, Korea, backs, chip
- Source: Dealroom — https://dealroom.co/news/164129-huatai-pinebridge-chip-etf-trading-jumps-60-as-korea-backs-1-4b-supplier
- Published: 2026-10-20T04:30:48+00:00
- Read time: 1 min
- Topics: south korea, huatai-pinebridge, star semiconductor, etf, chip suppliers, trade program, semiconductor equipment, startups, business
## Huatai-PineBridge ETF trading jumps
Huatai-PineBridge STAR Semiconductor Equipment ETF trading jumped 60% in October with daily turnover averaging ¥1.259 billion.
## Korea launches $1.68B chip supplier fund
South Korea's government teamed with four domestic banks to launch a $1.68B co-prosperity trade program for chip suppliers.
## ETF tracks upstream chip suppliers
The ETF tracks upstream semiconductor materials and equipment with 89% weight on materials plus equipment.
## Key takeaway

South Korea's government and four domestic banks launched a $1.68B co-prosperity trade program to back chip suppliers, boosting Huatai-PineBridge chip ETF trading by 60%.