South Korean chips have been counterattacked, foreign media said that the Chinese market no longer buys it, and the global pattern has changed
Following in the footsteps of the United States, South Korea's chip exports have dropped sharply, foreign media: China doesn't buy it!
This time, South Korea has really tasted the bitter fruit. South Korea has long followed the United States in the potato chip issue.
To cite two of the most intuitive examples, in order to change the rules about potato chips in the United States, South Korea followed in the footsteps of the United States and announced the suspension of cooperation with Huawei, in an attempt to make Huawei have no chips available. After that, the United States began to restrict China's wafer industry, including but not limited to export restrictions on wafer materials and wafer equipment, and South Korea followed in the footsteps of the United States and introduced a series of measures to restrict China's wafer industry.
In fact, not only the chip industry, but also in other high-tech industries, South Korea has also chosen to follow in the footsteps of the United States. Basically, South Korea will follow in the footsteps of the United States and related to our country, for example, not long ago, South Korea also limited the number of Chinese tourists, requiring Chinese tourists to undergo nucleic acid testing and centralized quarantine in South Korea, which also means that South Korea is following the footsteps of the United States in terms of specific performance.
It is worth mentioning that, according to the latest news reports, South Korea, which is closely following in the footsteps of the United States, has actually encountered a negative reaction this time.
According to a number of authoritative reports, since the beginning of this year, South Korea's natural rubber exports have declined sharply. In January this year, South Korea's total exports fell by 16 percent from a year earlier, according to public data6%, there has been a phenomenon of negative growth for 4 consecutive months, and the export volume from the South Korean chip industry has plummeted by 445%, which is equivalent to a direct halving.
The decline in South Korea's chip exports is not limited to this year. The data shows that in the past two years, South Korea's chip exports have repeatedly declined, and the chip industry is South Korea's pillar industry.
However, what is the main reason for the decline in South Korea's chip exports?In this regard, some foreign media said: The main thing is that China doesn't buy it!China has always been the world's largest buyer of chips, and South Korea's chips are basically exported to China. However, since South Korea followed in the footsteps of the United States and cut off the supply of Chinese companies such as Huawei, many Chinese companies have begun to gradually abandon the South Korean chip chain.
Secondly, under the pressure of foreign cuts, China's wafer industry has entered a period of rapid development, many wafers have achieved self-sufficiency, and the demand for Korean wafers has also begun to decline. With the development and growth of silicon wafer companies such as China's Yangtze River Storage, China has basically gotten rid of its dependence on South Korean storage wafers in terms of storage wafers.
In addition, it can also be found from the data released by China Customs that China's demand for foreign imported chips is on a downward trend. From January to April 2022, China imported 186 billion chips, an average annual decrease of 114%, a direct reduction of 24 billion pieces. From a macro point of view, this figure has always maintained a steady and declining trend, which means that the self-sufficiency rate of China's chips has been significantly improved.
As the world's largest chip buyer, China's demand for imported chips has dropped sharply, and the same is true of South Korea, which is extremely dependent on the Chinese market, so the chip export rate will naturally decline accordingly.
More critically, South Korea's close follow of the United States has also caused dissatisfaction among Chinese companies, and even if some wafers do need to be imported, Chinese companies such as Huawei will give priority"Friendly countries", without considering South Korea.
The vast majority of analysts have pointed out that the United States, South Korea and other countries deliberately cut off the best of Chinese enterprises, the impact on China's chip exports may not only be reduced, but more likely will be that it will be difficult to give birth to a chip power.
Now, China's chip industry is in"Cut off supply"As the world's best at creating miracles, the future of China's chip industry may exceed the imagination of the world.