Samsung Manufacturing Provident

Korean Finance Minister: Chip Boom to Last Until 2027

South Korea’s Deputy Prime Minister and Minister of Economy and Finance, Lee Hyoung-Il, expressed a strong outlook for the semiconductor industry, forecasting that its current boom will persist until at least 2027.

Speaking on Saturday, October 17th, as reported by CNBC, Lee attributed this extended prosperity to a significant and ongoing gap between the demand and supply of semiconductors, coupled with continuous expansion on the supply side.

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