China’s Semiconductor Industry Threatens Korean Market, Says Financial Expert

Phil S. Lee, the executive director at Mirae Asset Global Investments’ Hong Kong office, cautioned that Chinese chipmakers pose a potential threat to the Korean market. Lee noted that while no Chinese firm currently ranks first globally in semiconductors, many are positioned as at least No. 2 across the supply chain segments. He highlighted China’s recent advancements in the semiconductor industry, particularly in the DRAM sector, raising concerns for key players like Samsung Electronics, SK hynix, and Micron Technology. Lee emphasized that China still lags behind in manufacturing processes by at least two generations and lacks crucial equipment like extreme…