TSMC(US:TSM) 芯世相·2025-09-06 01:06Core Viewpoint - The article discusses the historical and current challenges faced by the South Korean semiconductor industry, drawing parallels with Japan's past struggles and highlighting the impact of U.S. policies on technological independence and market dynamics [5][20]. Group 1: Historical Context - The U.S.-Japan Plaza Accord in 1985 marked the decline of Japan's semiconductor dominance, which is now mirrored by South Korea's current predicament [5][9]. - Japan's semiconductor industry, once a leader, saw its global market share plummet from over 48% in the 1980s to less than 10% by 1995 due to U.S. trade measures [12][13]. - South Korea's semiconductor industry, supported by U.S. technology, grew rapidly, capturing over 30% of the global DRAM market by the mid-1990s [13]. Group 2: Current Challenges - The U.S. has tightened regulations on South Korean companies, requiring individual licenses for importing American semiconductor equipment, which has created significant operational challenges [5][20]. - South Korea's semiconductor market holds approximately 14% of the global share, with over 50% in DRAM and NAND flash sectors, but faces risks of losing this position due to U.S. restrictions [24][27]. - The reliance on U.S. technology and equipment is critical, with over 70% of the technology used in South Korean semiconductor production coming from American firms [27]. Group 3: Future Outlook - The article suggests that South Korea's semiconductor industry must develop a stronger sense of independence and innovation to break free from historical cycles of dependency [23][32]. - Comparatively, while Japan has pivoted to become a major supplier of semiconductor materials, South Korea lacks similar advantages and must navigate its position carefully amid U.S.-China tensions [24][27]. - The rise of China's semiconductor capabilities poses a new challenge, as evidenced by advancements in domestic technology and production capabilities [31][32].