South Korea in the Chip War: Challenges and Opportunities

South Korea in the Chip War: Challenges and Opportunities

This paper analyzes how South Korea, the leader in memory chip manufacturing, is affected by the US-China chip war. To assess the strategy that the Korean government is building to mitigate the adverse effects on its export-dependent economy and national security, the paper looks at the interdependence of the semiconductor supply chain and the conditions of the current conflict. The analysis of the current US-China chip war and its impact on South Korea's semiconductor industry and, by extension, its national economy and security, shows how South Korea is addressing the challenges and exploiting the opportunities to maintain its status as a major semiconductor manufacturer. The paper also explains how South Korea is leveraging its technological power status and experience to ensure the security and continued growth of its semiconductor industry.