eseoulpost
DomesticEconomy
Moon pledges gov't support for non-memory chip businesses
min  |  min
폰트키우기 폰트줄이기 프린트하기 메일보내기 신고하기
승인 2019.05.01  
트위터 페이스북 미투데이 요즘 네이버 구글 msn
   
 

SEOUL, April 30 (Yonhap) -- President Moon Jae-in on Tuesday emphasized the great growth potential of the non-memory chip sector, reaffirming the government's plan to offer every possible support for South Korea's businesses involved.

 He laid out a strategic vision to boost the "system" semiconductor industry, making his first visit to the local facilities of Samsung Electronics Co. since taking office in May 2017.

 The visit to Samsung's Nano City campus in Hwaseong, Gyeonggi Province, was meant to demonstrate the liberal administration's resolve to promote it as the country's future economic growth engine, along with bio-health and next-generation automobiles.

 "If (our) challenge in the system semiconductor field succeeds, (South Korea) will position itself as a true, comprehensive semiconductor powerhouse," Moon said in a ceremony held at Samsung's advance base for non-memory chip businesses.

He recalled South Korea's success in memory chip development, saying it can capitalize on the experience and technology.

 "Our goal is clear," Moon stressed. "It's to leap to the status of a comprehensive semiconductor power by becoming No. 1 in the system semiconductor foundry sector and attaining 10 percent of the market share in the fabless one by 2030, while maintaining the top spot in the memory chip field."

 His remarks came hours after Samsung, the world's largest memory chip and smartphone maker, reported a 56.9 percent drop in its net profit to 5.04 trillion won (US$4.3 billion) in the first quarter from a year earlier amid falling DRAM prices and weak demand for display panels.

 Nearly 90 percent of Samsung's revenue reportedly comes from the memory business, and observers say it is likely to lose its semiconductor crown to Intel sometime this year.

 Moon pointed out that the system semiconductor market is 1.5 times bigger than that of the memory chip market.

 "Its growth potential is infinite," he said. "If it's utilized in the entire industrial field, such as robots, bio and cars, (the market) will grow to the size of 300 trillion won in 2022."

Still, the global market share of South Korean companies stays at around 3 percent.

 Last week, Samsung announced plans to invest 133 trillion won by 2030 to bulk up its non-memory business.

 The president hailed Samsung's initiative and said the government will "actively help" it by expanding budget spending for R&D in the semiconductor sector and stepping up efforts to nurture manpower.

 He made it clear that the public sector will play a leading role in fostering domestic demand by introducing large-scale energy, safety and transportation projects, in which non-memory chips will be used.

 "(The government) will create a system semiconductor market using 26 million chips in the public sector by 2030," he said, adding that it's estimated to be worth at least 240 billion won in the energy field alone.

 Moon was accompanied by the finance, industry and science ministers on the tour. Samsung Electronics Vice Chairman Lee Jae-yong also attended the event, which took place at the Device Solutions Research (DSR) center in the compound located just south of Seoul.

 

< 저작권자 © eseoulpost 무단전재 및 재배포금지 >
폰트키우기 폰트줄이기 프린트하기 메일보내기 신고하기
트위터 페이스북 미투데이 요즘 네이버 구글 msn 뒤로가기 위로가기
이 기사에 대한 댓글 이야기 (0)
자동등록방지용 코드를 입력하세요!   
확인
- 200자까지 쓰실 수 있습니다. (현재 0 byte / 최대 400byte)
- 욕설등 인신공격성 글은 삭제 합니다. [운영원칙]
이 기사에 대한 댓글 이야기 (0)
Most Read
1
UAE strengthens food security alliance with S. Korea
2
Emirates Park Zoo delivers missing information critical to sustaining biodiversity
3
14 allies seek discussion of Taiwan issue at WHA
4
ADNOC Abu Dhabi Marathon reveals world-class prize fund
5
Han Kuang drills to feature F-16Vs, Perry-class frigates
6
UAE helps release of a South Korean held in Libya
7
S. Korea, France move to expand cooperation for space development
8
UAE / Tajikistan terrorism conference
9
Media a key partner in national development process: Mohamed bin Zayed
10
Taiwan becomes first Asian country to legalize gay marriage
Photo News Green Biz
Restoration of nature requires actions of many :Al Zeyoudi
Restoration of nature requires act...
min
Al Zeyoudi to head UAE delegation to upcoming Global Climate Action Summit in California
Al Zeyoudi to head UAE delegation ...
min
Plastic wastes from Korea legal: MisOr ecozone exec
Plastic wastes from Korea legal: M...
min
Spotlight on UAE's environmental efforts at Urban Sustainability Week
Spotlight on UAE's environmental e...
min
DEWA invites customers to take up Shams Dubai to generate onsite solar power
DEWA invites customers to take up ...
min
Photo News Sports
Over 500 Paralympic athletes to compete in IWAS World Games 2019 on Sunday in Sharjah
Over 500 Paralympic athletes to co...
min
New York City FC announces preseason in Abu Dhabi
New York City FC announces preseas...
min
AFC Asian Cup UAE 2019
AFC Asian Cup UAE 2019
min
VP crowns Abdullah Al Marri winner of Mohammed Bin Rashid Endurance Cup
VP crowns Abdullah Al Marri winner...
min
Welcome to the land of Zayed, land of tolerance, Nahyan bin Zayed tells 2019 AFC Asian Cup teams
Welcome to the land of Zayed, land...
min
World Taekwondo Grand-Prix Final launched in Fujairah
World Taekwondo Grand-Prix Final l...
min
Koreas agree to formally inform IOC of intent to co-host 2032 Olympics
Koreas agree to formally inform IO...
min
Etisalat sponsors UAE Paralympics at Asian Para Games
Etisalat sponsors UAE Paralympics ...
min
Photo News World
Over 500 Paralympic athletes to compete in IWAS World Games 2019 on Sunday in Sharjah
Over 500 Paralympic athletes to co...
min
New York City FC announces preseason in Abu Dhabi
New York City FC announces preseas...
min
AFC Asian Cup UAE 2019
AFC Asian Cup UAE 2019
min
VP crowns Abdullah Al Marri winner of Mohammed Bin Rashid Endurance Cup
VP crowns Abdullah Al Marri winner...
min
Welcome to the land of Zayed, land of tolerance, Nahyan bin Zayed tells 2019 AFC Asian Cup teams
Welcome to the land of Zayed, land...
min
World Taekwondo Grand-Prix Final launched in Fujairah
World Taekwondo Grand-Prix Final l...
min
Koreas agree to formally inform IOC of intent to co-host 2032 Olympics
Koreas agree to formally inform IO...
min
Etisalat sponsors UAE Paralympics at Asian Para Games
Etisalat sponsors UAE Paralympics ...
min
Photo News Opinion
President Moon names 7 new ministers in Cabinet reshuffle
President Moon names 7 new ministe...
min
Former President Lee Myung-bak released on bail
Former President Lee Myung-bak rel...
min
S. Korea's exports fall 11.1 pct in Feb.
S. Korea's exports fall 11.1 pct i...
min
Moon calls for bold shift to 'new Korean Peninsula regime'
Moon calls for bold shift to 'new ...
min
S. Korea will strengthen income-led growth policy after making changes: finance minister
S. Korea will strengthen income-le...
min
PyeongChang Olympic facilities to be turned into nat'l archives, training center
PyeongChang Olympic facilities to ...
min
Ex-Prime Minister Hwang elected new chief of main opposition party
Ex-Prime Minister Hwang elected ne...
min
Samsung chief's attendance at Samsung Elec board meeting drawing focus
Samsung chief's attendance at Sams...
min
Newspaper AboutNews ReportAdvertiseComplaintsPrivacy PolicyJuvenile protectionRejection of E-mail Collection
Gangnam-gu, Teheran 52 street in Tehran Bldg, 616(Yeoksam-dong)  |  Main Phone: 02) 563-0604  |  Fax: 02) 538-5665
Chairman : jeong-woo Lee  |  Advisor : byung-il Min  |  Publisher: jae-mo Kah  |  Editors: il-hong Kim
Registration Number 1928 Seoul ah  |  eseoulpost.com / eseoulpost.net / Global Korea.,Ltd
Copyright © 2011 eseoulpost. All rights reserved. mail to jaemokah@daum.com , kih10kr@empas.com/ www.globalkorea.info
arabafrica.net / UAE Interract / Emirtes News Agency(WAM)/ http://wam.org.ae / www.uaeinteract.com