South Korea's Democratic Party presidential candidate Lee Jae-myung pledged in a Facebook post on Monday to bring in a production tax credit of up to 10% for semiconductors manufactured and sold domestically,

After setting a record for the share of votes received during the party’s primary elections, Lee aims to win the presidential election scheduled on June 3.

Lee Jae-myung, a liberal who wants greater economic parity in South Korea and warmer ties with North Korea, became the main opposition party’s presidential