Market Share of Korea Semiconductor Device Industry
The Korean semiconductor device market is fragmented with the presence of several companies like Intel Corporation, NXP Semiconductors NV, SK Hynix Inc., etc. Companies in the market are continuously investing in strategic partnerships, product developments, mergers, and acquisitions to gain more market share. Some of the recent developments in the market are:
In September 2022, in preparation for future expansion, SK Hynix announced the construction of the M15X(eXtension), a new fabrication plant in Cheongju, Chungcheongbuk-do. The new plant is projected to be finished in early 2025. Over the following five years, KRW 15 trillion would be invested to develop the fab and set up production facilities. The fab is expected to be a two-story structure the size of an M11 and M12 combined.
In May 2022, Samsung Electronics Co. Ltd announced its development of the industry's first 512-gigabyte Compute Express Link DRAM, taking an important step toward the commercialization of CXL, which would enable extremely high memory capacity with low latency in IT systems.
Korea Semiconductor Device Market Leaders
Intel Corporation
Toshiba Corporation
Samsung Electronics Co. Ltd
NXP Semiconductors NV
SK Hynix Inc.
*Disclaimer: Major Players sorted in no particular order
