Chipmaking Sector Expected to Enjoy Longer-than-expected Boom: BOK Report | Be Korea-savvy

Chipmaking Sector Expected to Enjoy Longer-than-expected Boom: BOK Report


This image provided by SK hynix Inc. shows its latest HBM3E chips. (Image courtesy of Yonhap)

This image provided by SK hynix Inc. shows its latest HBM3E chips. (Image courtesy of Yonhap)

SEOUL, May 24 (Korea Bizwire)The chipmaking sector’s upside cycle may last into the first half of next year and possibly beyond that time, giving a boost to the country’s exports, a report from the Bank of Korea said Friday.

The global chipmaking sector rebounded early last year on the back of a boom in artificial intelligence, and its rising cycle may last longer than expected, the report said.

Demand for semiconductors may continue to increase from the server, mobile and personal computer sectors, but supply may be relatively limited, it said.

“The global chipmaking sector’s upside cycle will help the country’s exports of chips, which in turn will boost the country’s overall exports,” it said.

(Yonhap)

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