Who helped Samsung become chip giant
Through the 1980s, Japan pushed the United States — the birthplace and longtime leader of the semiconductor industry — out of the world memory chip market, and the damage ran deep enough that Intel gave up DRAM, the short-term memory that holds a computer's working data. American chipmakers came to believe Japan could not be beaten in memory chips, and Washington and the industry began looking…
By the 1980s, Japan had pushed the United States out of the semiconductor industry, leaving Intel to abandon DRAM production. American chipmakers began searching for a way to counter Japan's dominance. The country that would emerge as a memory chip powerhouse in the 1990s was Korea. Intel played a role in shaping Korea's ascent to the top.
In 1974, Samsung Group founder Lee Byung-chul witnessed a report on the semiconductor company his son Lee Kun-hee had acquired. Lee had purchased Hankook Semiconductor following its bankruptcy due to financial struggles. Hankook Semiconductor was an early Korean player in the semiconductor market.
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