Technological systems are defined as network(s) consisting of technological infrastructure, industrial organization, and institutional infrastructure. This paper reviews SEMATECH in the U.S. and VLSI Program in Korea as a technological system for semiconductor, which is an advanced technology. Several issues are addressed : how did they get started\ulcorner ; how have they been evolved\ulcorner ; how have the actors and institutions within the system interacted\ulcorner ; what role has the government played in that process\ulcorner Both systems were created by their government, respectively, and they have been evaluated as successful. However, while SEMATECH became complete eough in terms of technological infrastructure, industrial organization, and institutional infrastructure to generate sufficient increasing returns to develop in a self-reinforcing way, a series of VLSI program in Korea is still operated discontinuously under the government subsidy. SEMATECH is more flexible and stable than Korea's VLSI program in that the system has a centralized structure and has been managed and staffed by industry substantially. In addition, both cases show that a technological system may evolve having connections with foreign technological systems and local sub-systems beyond nations, regions and industries. Many other similarities, contrasts, and insights for technological policy from each country's experiences are presented.