With Lee Jae-myung of the Democratic Party of South Korea virtually confirmed as the 21st president, attention is turning to whether he will deliver on pledges to strengthen South Korea’s semiconductor industry—its top export and a key growth driver in the AI era, as noted by Chosun Biz. Preside...

According to ZDNet, South Korea’s Ministry of Trade, Industry and Energy (MOTIE) announced that semiconductor exports—the nation’s top export item—hit a record high in May, totaling USD 13.8 billion. This marks a 21.2% increase compared to the same month last year. The surge was largely fuel...

According to a report from Business Korea, South Korea’s Ministry of Trade, Industry and Energy and industry sources on May 25 indicated that China’s Ministry of Commerce has approved rare earth exports this month to several South Korean firms that procure materials through Chinese suppliers. Th...

According to TheElec, South Korean fab equipment makers saw first-quarter revenue contributions from the Chinese market across the board. The report notes that, among the earnings of 47 South Korean equipment firms, two of the top performers—Park Systems and Jusung Engineering—recorded particula...

Rare metals are essential materials for advanced industries such as semiconductors, electric vehicles, aerospace machinery, and refining. Amid the complex international landscape, the importance of rare metals is becoming increasingly prominent, prompting global efforts to strengthen their supply ch...