Seoul: The Cabinet on Tuesday approved a bill aimed at supporting the development of semiconductors for defense systems using domestically developed technology. Under the bill, the government seeks to set up a comprehensive support system to foster the country's so-called "defense semiconductors," according to the defense ministry and the Defense Acquisition Program Administration (DAPA).

According to Yonhap News Agency, the bill includes drawing up a plan to advance defense semiconductors, funding relevant research projects, and offering advanced purchase options for products developed using homegrown technologies. The move comes as semiconductors for defense systems have emerged as a key strategic asset in the era of artificial intelligence (AI), amid continued demands to reduce foreign reliance and secure a stable supply route for the key component in advanced weapons systems.

South Korea is looking to reduce its reliance on foreign technology over concerns that unpredictability in international situations may cause unstable supply. The bill is set to be proclaimed within this month and will take effect as early as the final quarter of this year.