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Korea Falls Behind in Global Non-Memory Chip Market

ByRomeo Minalane

Sep 6, 2023
Korea Falls Behind in Global Non-Memory Chip Market

Korea has actually fallen considerably behind in the worldwide non-memory chip market and now hangs on to hardly a sliver. The Korea Institute for Industrial Economics and Trade in a report Sunday stated Korea’s share of the worldwide non-memory chip market is simply one-third of Japan’s and half of China’s, despite the fact that the nation leads the world’s memory chip market. According to KIET, the around the world non-memory chip market deserved W593 trillion in 2015 (US$ 1=W1,320). The U.S. represent 54.5 percent or W323 trillion, followed by Europe’s 11.8 percent or W70 trillion, Taiwan’s 10.3 percent or W61 trillion, Japan’s 9.2 percent or W55 trillion and China 6.5 percent or W39 trillion. Korea just uses up 3.3 percent or W20 trillion. The majority of Korea’s share is used up by Samsung Electronics with 73.9 percent, followed by LX Semicon (11.2 percent) and SK Hynix (5.9 percent). “Korea’s existence in the worldwide non-memory chip market is unimportant regardless of years of federal government efforts to support business, in the middle of bureaucracy and strong international competitors,” the report stated. The U.S. controls the international markets for incorporated circuits (IC), main processing systems (CPU), application processors (AP), mobile interaction, graphics processing systems (GPU) and field programmable gate varieties (FPGA). Europe’s strength depends on microcontroller systems (MCU) and optical sensing units, and Japan’s in MCUs for cars and trucks and accuracy equipment and discrete semiconductors. Copyright © Chosunilbo & Chosun.com

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