Two companies that shook the Korean economy are creating a new problem for it
South Korea has discovered it has a new problem - a lack of electricity is preventing the country's two chip giants from increasing production • While the government seeks solutions, the companies are considering opening…
Assessment
South Korea's two largest chipmakers are hitting a power supply ceiling, and the government cannot keep up. The companies are now weighing factory expansions abroad, which threatens the country's position as a semiconductor superpower. The immediate risk is that a national energy bottleneck will push critical manufacturing capacity and jobs to other countries. Watch for whether Seoul can fast-track new power infrastructure or if the chip giants will accelerate their overseas moves.