The Korean-German Chamber of Commerce and Industry (KGCCI, President & CEO Marie Antonia von Schönburg) hosted a delegation from the German states of Saxony and Saxony-Anhalt in Seoul on February 10 as part of a broader Korea visit by the two states and Germany Trade & Invest (GTAI). The delegation aimed to connect Central Germany’s semiconductor and high-tech ecosystem with the Korean industry and expand bilateral investment and technology cooperation.
An investment briefing brought together 80 participants from German regional authorities, technology firms, and Korean companies to discuss market entry strategies, joint research projects, and cross-border investment opportunities.
At the event, representatives from Saxony and Saxony-Anhalt outlined their regions’ rapidly expanding semiconductor clusters and industrial development plans. Saxony highlighted its internationally recognized “Silicon Saxony” ecosystem — Europe’s largest microelectronics hub, which hosts roughly 3,000 companies and around 80,000 professionals across the microelectronics and ICT value chain. The region plays a central role in Europe’s semiconductor strategy under the EU Chips Act and has gained further momentum from new large-scale fabrication investments in Dresden
Saxony-Anhalt highlighted major industrial developments anchored by the Magdeburg High-Tech Park, where the state is developing one of Europe’s largest industrial zones to host next-generation semiconductor manufacturing and related supply chains.
Germany Trade & Invest also briefed participants on Germany’s national semiconductor strategy and the incentives available to international investors. German companies with operations in Asia showcased concrete cooperation projects with Korean partners.
Taekhyun Kim, Sales Director at tracetronic Korea, delivered a case presentation titled “From Silicon Saxony to Seoul: tracetronic’s Success Story in Korea,” outlining the company’s expansion in the Korean market and its collaboration with local clients in semiconductor testing and automation solutions.
Another case was presented by Dr. Gerd Lippold, Managing Director of PSC Polysilane Chemistry GmbH, which supplies ultra-high-purity chemical precursors used in advanced semiconductor processes. PSC operates integrated R&D-to-production facilities and works closely with global chipmakers to optimize next-generation manufacturing processes.
Dr. Robert Franke, Managing Director of IMG Saxony-Anhalt, said Korea would play a central role in Europe’s efforts to expand chip manufacturing capacity. “Saxony-Anhalt offers international high-tech companies excellent conditions for sustainable growth: with an efficient and responsive public administration, a highly qualified workforce, and close collaboration between industry and science, the foundations are in place for success stories such as those already being written by Daimler Truck, Novartis or the South Korean Company IDT Biologika. Near the state capital of Magdeburg, a high-tech ecosystem is currently emerging in the High-Tech Park, spanning 1,100 hectares of future-oriented development space—Europe’s most significant investment opportunity. We hope to attract additional companies from South Korea to this project.”
Following the presentations, Korean and German participants held one-to-one meetings to explore cooperation in chip manufacturing, materials, equipment, artificial intelligence applications, and related supply-chain segments.
Marie Antonia von Schönburg, President and CEO of KGCCI, said the event reflected growing momentum in Korea-Germany industrial cooperation. “Semiconductors sit at the heart of today’s digital and green transformation, and Korea and Germany are natural partners in building resilient and innovative supply chains,” von Schönburg said. “Through platforms like this, KGCCI connects Korean companies with Europe’s leading technology regions and turns dialogue into concrete investment and research partnerships.”
