Is It Arduous for Korean Semiconductor Firms to Surpass TSMC

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Yukesh Prabhu
Yukesh Prabhu
A dedicated student of Journalism with high aspiration in Reporting and content writing. A keen communicator and researcher with an expertise in content curation.

Is World’s sophisticated tech hub Korea traversing on the way to obtain 4th or 5th place in the chart, or is the manufacturer of gimmicky devices building a hornet’s nest to nourish hatchlings?

Do Korean tech firms loosen their grip on the semiconductor industry, perhaps due to the irreproachable throne bestowed on TSMC? TSMC considers itself the first and foremost semiconductor manufacturer even though we don’t have any choice other than to give something to whirl across.

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According to Korean regional media reports, retaining the semiconductor assembly and OSAT industry is trifling in the South Korean semiconductor ecological community. Still, the situation is entirely reversed in the United States, Taiwan, and China. In such an environment, it would also be considered an essential factor for the foundry leader TSMC to smoothly sprint in the track surpassing South Korea’s Samsung in the industry.

While we swirl the time, Business Korea reported that Semiconductor packaging evolved as a climacteric player in the semiconductor industry, as the processed wafer is snipped into chips, then piled up, amalgamated, and packed. Howbeit, in the most critical packaging segment, there is a plethora of steps involved to drop-shift the final yield.

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In this business, notably, there are three top firms, including Taiwan’s ASE, the United States AMKOR, and China’s Jiangsu Changjiang Electronics Co., Ltd., dominating the market share. To top it all off, with the outstripping ability to stand out in the congested crowd, TSMC has been seconded by these packaging firms to let TSMC come to be the world’s No.1 semiconductor manufacturing company.

TSMC teams up with Taiwanese quintessential semiconductor packaging and testing companies, including ASE, which stands high in the peak; Sipin, which secures a fourth place in the industry; and Licheng Technology, which bags the fifth place. Predominantly, this nuanced forethought from TSMC makes them pursue gigantic milestones, not from highly developed countries.

A Korean firm’s report explains how Taiwan became the showstopper in the semiconductor industry. It points out that Taiwan currently monopolizes the global semiconductor back-end and testing market with a market share of 52%, which is slightly more than half of the worldwide number of which ASE plays a crucial role in making Taiwan’s semiconductor ecosystem as one of greatest kingdoms in the world even though comes not under the compelling countries list.

The company joins hands with two robust firms, MediaTek and TSMC. On the contrary, there are only four packaging and testing companies in the country, including Hana Micron, SFA Semiconductor, LB Semicon, and Nepes. But, what comes as a drastic thing to Korea is that the total market share owned by the four South Korean companies is not even near that of the world’s fifth-ranked Licheng Technology.

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