Currently, the chip is Korea's largest export product, and China is the world's largest chip market. However, China plans to invest huge amounts of money to promote the development of its domestic chip industry, in order to reduce dependence on foreign products, leading to the industry's long-term commitment to the Korean chip industry. The outlook is worried.
To this end, Bai Yunyi said during the Korean National Assembly group meeting: 'The government is considering supporting large-scale projects to design and produce next-generation memory chips, and plans to conduct preliminary feasibility studies in the second half of this year'
Although South Korean technology giants such as Samsung Electronics and SK Hynix have developed world-class memory chip products through technological innovation, there are still experts calling on the Korean government to pay attention to the industry in response to the challenges of the fast-rising Chinese competitors.
In fact, Korean local chip makers are also worried that the Chinese government's move may narrow the technology gap with South Korea faster than expected. By then, if the production is not carefully controlled, it will lead to a global chip price crash.
Baiyun said: 'China is stepping up its own semiconductor industry to narrow the gap with South Korea, which may lead to global oversupply. Recently, the growth rate of memory chip prices has slowed down, causing some people to think that 'super cycle' is positive Close to the summit. '