The export value of chips rose by 12 9, turning positive after 15 months!South Korea is inseparable

Mondo Cars Updated on 2024-01-25

Chip export value**129%, the first time in 15 months!South Korea is inseparable from the Chinese market

According to statistics, at its peak, China consumed 70% of the world's imported chips, and it can be said that chip manufacturers in Europe, America, Japan and South Korea are pointing to China's orders, and in the context of highly globalized cooperation, China did not want to fully realize independence, but all this balance has been broken by the United States.

Silicon-based chips originated in the United States, although American companies have lost their advantages in all aspects, but the entire chain is inseparable from American technology, which has also led to many countries being forced to join the "chip rules" and participate in sanctions to suppress China's semiconductor industry.

In the whole process, South Korea is the most innocent existence, highly dependent on the chip imports of Chinese enterprises, once accounting for more than half of the import volume of Korean enterprises, such a ** surplus has also been destroyed by the United States chip ban, high-end chips can not be shipped normally, which also leads to a serious backlog of chip inventories of Korean enterprises.

But unexpectedly, the situation improved in November, and the export value of chips increased by 12 percent year-on-year9%, which is the first time in 15 months that it has "turned positive", what does it mean?

South Korea is one of the world's major chip manufacturers, and China basically relies on imports in high-end chips, the cooperation between the two countries can be said to be mutually perfect, every year Chinese companies will import a large number of chips from Samsung, SK hynix, which also makes Korean companies have a "sense of arrogance", quite casual in pricing, and make a lot of money every year.

But all this tranquility was broken by the Biden team, and South Korea, which claims to be an ally of the United States, was asked to join the "Chip Quadripartite Alliance", although it has not been compromised, but it has also affected the shipment of high-end chips to the greatest extent.

Although the implementation of the follow-up "US-Japan-Netherlands Tripartite Agreement" is not directly aimed at South Korea, the branch factories of Korean enterprises in Chinese mainland are not allowed to import high-end equipment, and a series of layouts can only be suspended, and Korean companies have also entered the "blackest moment"!

2021 was the peak year for South Korea's chip exports to China, accounting for 59% of the total share7%, the total amount exceeded 76.8 billion US dollars, in the state of the global chip industry downturn, the demand for chips of Chinese enterprises has increased, and the situation of apparent dependence has been formed.

Sure enough, under the influence of chip rules, Samsung, SK hynix, etc. could not ship, South Korea's chip exports began to **, from August last year, Samsung's performance continued to decline, according to the second quarter of the financial report, operating profit **957%。

Once the most profitable company in South Korea, it is now in trouble, and the people are constantly crying: "Who can save Samsung!".”

And this answer is obvious, after 15 months of struggle, South Korea's chip shipments finally ushered in a turnaround, according to the chip export data in November, the total amount reached 9.5 billion US dollars, a year-on-year growth rate of more than 129%。

The sudden ** export volume in November naturally has a lot to do with the Chinese market, ** when the Biden team gave Korean companies permanent immunity, allowing them to lay out the Chinese mainland market, and the purchase of equipment produced in China does not need to be authorized.

In other words, production in Chinese mainland began to resume operation, and the chips produced were successfully delivered to Chinese enterprises, and China's current demand for chips is still growing, and domestic chips cannot meet the demand for the time being, so they are naturally picked up by South Korea for a big bargain.

Of course, the Chinese market will always remain open and willing to accept global cooperation, but if Europe, the United States, Japan and South Korea do not sell chips, we are not without alternatives, whether they want to do business or not, and how they want to do business, it depends on them, what do you think about this?

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