霍尔木兹海峡卡住的不只是“原油”，或许还有“芯片”

Core Viewpoint - The crisis in the Strait of Hormuz, triggered by the US-Iran conflict, poses an unexpected energy shock to the global technology supply chain, particularly affecting chip manufacturing due to high reliance on Qatari LNG [1]. Group 1: Impact on Chip Manufacturing - Over half of the global DRAM and NAND storage chips are produced in South Korea, while about 70% of advanced logic chips are manufactured in Taiwan, both of which are highly dependent on Qatari LNG [3]. - Samsung Electronics and SK Hynix together account for approximately 40% of the Kospi index, while TSMC alone represents 45% of the Taiwan Weighted Index [3]. Group 2: Energy Supply Concerns - Qatar's Ras Laffan LNG facility has announced a production halt due to military attacks, which supplies about 20% of the global LNG market, leading to significant sell-offs in Asian energy-related stocks [1]. - South Korea's LNG reserves can only support less than two months of import demand, raising concerns about power supply if the Strait remains blocked [4]. Group 3: Market Reactions and Alternatives - The Kospi index fell by 12% in a single day, marking its largest daily drop in history, while the Taiwan Weighted Index decreased by 4.4% on the same day [1][2]. - The South Korean government is urgently seeking alternative LNG supplies, with Australia and the US potentially increasing their market share through flexible contract terms [7].