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  • Memory Semiconductor No. 1 and Integrated Device Manufacturing No. 2 in the World Close
    Memory Semiconductor No. 1 and Integrated Device Manufacturing No. 2 in the World
    Korea’s market share in the global semiconductor industry in 2019 was 18.4%, and it has maintained the second rank in the world since 2013.
    In particular, Korea accounted for 58.4% of the global memory semiconductor market, 71.6% of the DRAM market, and 45.9% of the NAND market.
    Korea has world-class memory semiconductor technology and has focused on continuous R&D and investment to uphold its competitive advantage.
    In addition, Korea is currently working hard to expand its foundry market share based on the ultra-fine process technology.
    Please refer to the information below
    Global Semiconductor Market Share (2019) Total semiconductor
    • Korea 18.4% (USD 78.9 billion)
    • US 50.6% (USD 216.9 billion)
    • Japan 10.0%
    • Europe 9.5%
    • China 4.7%
    • etc. 6.8%
    Global Memory Semiconductor Market Share (2019) Memory
    • Korea 58.4% (USD 65.7 billion)
    • US 28.7%
    • Japan 8.2%
    • Taiwan 4.0%
    • China 0.4%
    • etc. 0.3%
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    ※ Source: OMDIA 2020
  • Leading the Korean Economy as the Leading Export Item Open
    Leading the Korean Economy as the Leading Export Item
    In 2019, total semiconductor sales in Korea were USD 78.9 billion, and memory semiconductors accounted for 83.3% at USD 65.7 billion.
    Semiconductors are Korea’s leading export item, accounting for 17.3% of total sales in 2019,
    and the industry leads the Korean economy and other industries.
    "Exports of semiconductors from Korea"
    Please refer to the information below
    (Unit: USD 100 million)
    Exports of semiconductors from Korea Memory semiconductors, system semiconductors, optical and discrete components
    Category 2013 2014 2015 2016 2017 2018 2019
    Memory semiconductors 255 340 338 352 672 941 630
    system semiconductors 250 225 231 205 254 265 250
    optical and discrete components 67 61 60 65 54 62 52
    Total 571 626 629 622 979 1,267 939
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  • More Global Materials, Parts, and Equipment Companies Enter the Korean Semiconductor Market Open
    More Global Materials, Parts, and Equipment Companies Enter the Korean Semiconductor Market
    Many global companies in the materials, parts, and equipment industries based on the semiconductor, which is Korea’s key product, are entering the Korean market.
    Lam Research, the US-based semiconductor etching and deposition equipment maker, established Lam Research Manufacturing Korea in 2011.
    The company has seen continuous growth of output in Korea, and consequently, delivered the 5,000th piece of equipment produced in Korea.
    . It also opened the Korea Technology Center, an R&D facility, in September 2019.
    GlobalWafers, a silicon wafer manufacturer in Taiwan, establish MEMC Korea and completed its second factory in 2019,
    which manufactures twelve-inch silicon wafers.
    Other global companies, such as Henkel, DuPont, and ON Semiconductor, have also invested in Korea to enter the Korean semiconductor market.
  • Develop System Semiconductors and Improve Competitiveness of Materials, Parts, and Equipment Open
    Develop System Semiconductors and Improve Competitiveness of Materials, Parts, and Equipment
    The Korean government has shown a strong willingness to transform the country into an integrated device manufacturer by going beyond memory semiconductors and developing system semiconductors through the System Semiconductor Development Strategy (April 2019) and the AI Semiconductor Industry Development Strategy (October 2020).
    The target is to increase Korea’s global market share in fabless and foundry markets to 10% and 35% respectively by 2030.
    To achieve the goal, the government plans to arrange an exclusive fund and offer tax benefits, expanding the government’s support for the field of system semiconductors.
    Also, following the Measure to Improve Competitiveness of Materials, Parts, and Equipment *August 2019), cash grants for foreign-invested companies involved in key strategic industries will be expanded up to 40%, and foreign-invested companies entering foreign investment zones can be exempted from paying rent for up to fifty years.
    Fast approval and permission on strategic products and social overhead capital, such as roads and electricity, will be preferentially supported.
    "Semiconductor Powerhouse Vision 2030"
    Please refer to the information below
    • Increase market share(단위: %)
      • Fabless 2018(1.6) > 2030(10) 8.4% 상승
      • foundry 2018(16) > 2030(35) 19% 상승
    • Promotional strategies
      • Support start-ups and create a fund (approx. USD 90 million)
      • Financial, tax support, etc.
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  • Semiconductor Cluster Led by Samsung Electronics and SK Hynix Open
    Semiconductor Cluster Led by Samsung Electronics and SK Hynix
    Korean semiconductor companies are clustered in Gyeonggi area and also located in Chungcheongbuk-do and Chungcheongnam-do.
    Samsung Electronics, in addition to its factories in Suwon, Giheung, and Hwaseong, plans to construct factories in Pyeongtaek,
    which will have the world’s largest semiconductor manufacturing belt. SK Hynix plans to break ground for a 4.48 million m2 semiconductor cluster in Yongin-si,
    Gyeonggi-do in 2021 and start mass producing semiconductors from 2024.
    "Semiconductor Clusters in Korea"
    Please refer to the information below
    • Gyeonggi-do Suwon: Memory
    • Gyeonggi-do Pangyo: Fabless, SW companies
    • Gyeonggi-do Giheung, Hwaseong : Memory/Foundry
    • Gyeonggi-do Yongin: Memory/Materials, parts, equipment
    • Gyeonggi-do Pyeongtaek: Memory/Foundry
    • Gyeonggi-do Icheon : Memory
    • Chungcheongbuk-do Cheongju : Memory/Packaging
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