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GT Voice: Co-op with Asian industrial chain vital to South Korea’s continued chip growth

2026-01-23 10:19   环球时报网英文版

  In this context, maintaining the growth momentum of semiconductor exports will require South Korea to pursue both technological upgrading and industrial chain collaboration.

  On the one hand, South Korea needs to continuously invest in research and development, promote technological iteration, consolidate its competitiveness in high-tech fields, and expand into higher value-added areas such as advanced process nodes. Only by enhancing its technological capabilities can it remain competitive in the fierce market competition.

  On the other hand, deepening integration into the Asian semiconductor supply chain and actively aligning with regional industry development needs are crucial for broadening export markets and reducing exposure to protectionist risks.

  Asia is the largest trader and manufacturer of chips in most electronic devices. Once chips are assembled with other electronic parts, Asia accounts for 73 percent of global exports of electronics and electric equipment, such as mobile devices, computers, and broadcasting equipment, according to a report by McKinsey Global Institute in 2023.

  China and South Korea enjoy strong, complementary cooperation across the semiconductor industrial chain and in trade, offering significant potential for further growth. Strengthening this partnership could drive innovation, boost supply chain resilience, and create new opportunities for both countries.

  With annual bilateral trade exceeding $300 billion, semiconductors account for a substantial proportion. Rising Chinese demand for DRAM and NAND flash memory has strongly boosted South Korean chipmakers. Continued collaboration amid the AI boom in the semiconductor sector could unlock even greater growth opportunities for both countries.

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