South Korea finance minister says chip boom to last at least until 2027
AI-generated briefing · First published
Lee Hyoung-Il told reporters in Bangkok that strong semiconductor demand and expanding supply will sustain the upswing through next year.
South Korean Finance Minister Lee Hyoung-Il said on Saturday that the semiconductor industry’s current growth will continue at least until 2027 because supply-demand gaps remain large and supply keeps expanding. [1] [2]
His remarks came as semiconductor stocks fell sharply this week amid investor concerns over possible U.S. rate hikes; shares of SK Hynix, Seoul Semiconductor and U.S. chipmakers were sold off. [1] [2]
Lee noted that chip stocks have amplified volatility in the Korean market this year, but he stressed that the country’s overall economic fundamentals remain solid. [1] [2]
Sources
- 韩国财长：半导体市场景气至少维持至明年
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