How big is the Korea Semiconductor Device Market?

The Korea Semiconductor Device Market size is expected to reach USD 113.70 billion in 2024 and grow at a CAGR of 8.05% to reach USD 167.45 billion by 2029. Read More

What is the current Korea Semiconductor Device Market size?

In 2024, the Korea Semiconductor Device Market size is expected to reach USD 113.70 billion. Read More

Who are the key players in Korea Semiconductor Device Market?

Intel Corporation, Toshiba Corporation, Samsung Electronics Co. Ltd, NXP Semiconductors NV and SK Hynix Inc. are the major companies operating in the Korea Semiconductor Device Market. Read More

What years does this Korea Semiconductor Device Market cover, and what was the market size in 2023?

In 2023, the Korea Semiconductor Device Market size was estimated at USD 104.55 billion. The report covers the Korea Semiconductor Device Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Korea Semiconductor Device Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Korea Semiconductor Device Market Size & Share Analysis - Industry Research Report

Korea Semiconductor Device Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Korea Semiconductor Device Market is Segmented by Device Type (Discrete Semiconductors, Optoelectronics, Sensors, and Integrated Circuits (Analog, Logic, Memory, Micro (Microprocessors, Microcontrollers, and Digital Signal Processors))), End-User Vertical (Automotive, Communication (Wired and Wireless)), Consumer, Industrial, and Computing/Data Storage). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

Korea Semiconductor Device Industry Overview

The Korean semiconductor device market is fragmented with the presence of several companies like Intel Corporation, NXP Semiconductors NV, SK Hynix Inc., etc. Companies in the market are continuously investing in strategic partnerships, product developments, mergers, and acquisitions to gain more market share. Some of the recent developments in the market are:

In September 2022, in preparation for future expansion, SK Hynix announced the construction of the M15X(eXtension), a new fabrication plant in Cheongju, Chungcheongbuk-do. The new plant is projected to be finished in early 2025. Over the following five years, KRW 15 trillion would be invested to develop the fab and set up production facilities. The fab is expected to be a two-story structure the size of an M11 and M12 combined.

In May 2022, Samsung Electronics Co. Ltd announced its development of the industry's first 512-gigabyte Compute Express Link DRAM, taking an important step toward the commercialization of CXL, which would enable extremely high memory capacity with low latency in IT systems.