South Korea Holds 65% Memory Chip Share, Urges Reinvestment Amid $1T Market Growth

With a 65% global memory chip share, South Korea prioritizes capital reinvestment over profit redistribution to secure position in the projected $1 trillion market by decade end.

Woofun AI reports that South Korea's Minister of Trade, Industry and Energy, Ahn Duk-geun, emphasized the necessity for chip manufacturers to accelerate investment to preserve the nation's semiconductor advantage against intensifying global competition. The global memory chip market is projected to reach approximately $1 trillion by the end of this decade, with speed emerging as a critical competitive factor.

Ahn Duk-geun noted that South Korea currently commands about 65% of the global memory chip market. He highlighted that semiconductor customers rarely switch suppliers after adoption, making the retention of market share during periods of rapid demand growth essential.

Furthermore, he advised against efforts to broadly redistribute industry profits, urging policymakers to instead support companies in reinvesting their capital.