Key facts
- Chinese semiconductor companies are increasing production and market share.
- Competition is expected to intensify in conventional memory, mature-node manufacturing, and packaging and testing.
- Samil PwC is the South Korean member firm of the global consultancy.
South Korea's semiconductor industry is experiencing mounting anxiety due to the expansion of China's semiconductor sector. A new report by Samil PwC, the South Korean member firm of the global consultancy, has advised local chipmakers to focus on defending their profitability as Chinese competitors increase production and capture greater market share. The report, made public on Monday, anticipates that the competitive pressure from China will be most keenly felt in the segments of conventional memory, mature-node manufacturing, and packaging and testing.