A month after President Moon Jae-in ordered measures to raise the competitiveness of the country's chipmaking industry in the global non-memory market, Samsung Electronics and the Ministry of Trade, Industry and Energy are expected to announce a series of plans next week to nurture engineering talent and a favorable ecosystem, according to the industry on Wednesday. 

The plans are being made by Cheong Wa Dae, the Industry Ministry and related organizations, and are anticipated to be unveiled after President Moon returns from an overseas trip Tuesday, according to the industry. 

The plans are expected to include the government's guidelines for creating a favorable ecosystem for small fabless chipmakers, support measures to attract investment and talent, and the establishment of an academic system for semiconductors at universities. 

"The main direction of the upcoming measures is to foster an ecosystem in which small players can expand their capabilities," a government official told The Korea Herald while declining to reveal details or an exact announcement date.

According to industry insiders, a related ceremony is scheduled to be held at Samsung's Hwaseong campus in Gyeonggi Province next week. 

The need to strengthen Korea's non-memory capabilities has increased, as the country's economy -- overly reliant on exports of memory silicon -- is taking a blow from recent price falls of DRAMs.