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- cross-posted to:
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When Samsung controls the country, I guess this isn’t that unreasonable…
“We will make efforts to see outbound shipments of semiconductors, the country’s No. 1 export, reach $120 billion this year,” Minister of Trade, Industry and Energy Ahn Duk-geun said. “The new mega cluster’s success will further spread to other parts of the nation and become the world’s leading chip hub.”
To whom can they sell? China was their biggest customer but now the USA is not letting South Korea sell to them. It’s not like demand for raw chips magically spring up just because you make more of them.
Assuming everything goes to plan with other announced semiconductor projects in the west, they’re also going to have to compete against US, German, and Israeli chips.
Who would win? A $500 billion chip manufacturing complex, or one North Korean nukey boy?
The Internet was a mistake