'At least No. 2': Financial expert warns China chipmakers potentially threaten Korean market
"In semiconductors alone, no Chinese firm ranks No. 1 globally. They are always followers or underdogs," said Phil S. Lee, executive director at Mirae Asset Global Investments' Hong Kong office. "But we must note that there are many companies positioned as 'at least No. 2' across every segment of the supply chain, from fabless design and foundries to packaging." Lee described the recent leap of…
Financial expert Phil S. Lee warns that China's chipmakers, while not currently ranked No. 1 globally, have made significant strides across the semiconductor supply chain, positioning themselves as at least No. 2 in various segments. This includes fabless design, foundries, and packaging. Lee's concerns are primarily centered around the potential threat to the Korean market, specifically the three leading memory-chip producers: Samsung Electronics, SK hynix, and Micron Technology.
China's current position lags at least two generations behind these companies, and the lack of extreme ultraviolet (EUV) lithography equipment further hinders their ability to close this gap in the short term.
Brief written by urgent.news from The Korea Times's own syndicated text. Machine-written — it may contain errors, so check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
