Korea


2023-12-15

[News] The South Korean Government Aims to Foster Domestic EV Charger, Targeting a 10% Global Market Share by 2030

On December 13th, the Ministry of Trade, Industry, and Energy (MOTIE) of South Korea held a ceremony to celebrate the establishment of the public-private Mobility Charging Industry Convergence Alliance. During the ceremony, the South Korean government announced measures aimed at promoting the elect...

2023-12-13

[News] Samsung, ASML Invest KRW 1 Trillion in Korean Research Fab as Netherlands-Korea Semiconductor Alliance Formed

South Korean President Yoon Suk Yeol concluded his visit to the Netherlands, announcing the establishment of a “Semiconductor Alliance” between South Korea and the Netherlands. The alliance involves collaboration between Dutch semiconductor equipment giant ASML and South Korean companies Samsung...

2023-12-01

[News] South Korea’s Semiconductor Exports Rose by 12.9% YoY, Ending a 16-Month Decline

On December 1, the Ministry of Trade, Industry, and Energy (MOTIE) of South Korea disclosed that Korea's export value in November experienced a notable YoY increase of 7.8 %, reaching a monthly peak for this year at USD 55.8 billion. Concurrently, imports contracted by 11.6 % to USD 52.0 billion, re...

2023-11-29

[News] Japanese Companies Seek Battery and Chip Materials Outside China

According to IJWEI's report, Japanese companies heavily reliant on key battery and semiconductor materials manufactured in China are expanding their sources as China intensifies export controls. On October 20th, China announced that certain graphite items, including high-purity, high-strength, an...

2023-11-28

[News] China’s Strategic Chip Investments May Risk Global Domination in Two Years

China is actively investing in chips with a mature process of 20nm and above. According to Chosun Ilbo, some insiders signal a potential shift of over 50% of global mature-node chips production to China within the next 2 to 3 years. As semiconductors focusing on mature process account for 75% of ov...

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