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South Korea overtakes Japan in semiconductors

Staff writer ▼ | January 21, 2014
South Korea is believed to have overtaken Japan in terms of global market share for semiconductors last year, the government announced.
South Korea semiconductors
South Korea semiconductorsSouth Korea is believed to have overtaken Japan in terms of global market share for semiconductors last year, the government announced.


The combined output of South Korean manufacturers of semiconductors is estimated to have surged 16 percent from a year earlier to about $50.06 billion in 2013, according to the Ministry of Trade, Industry and Energy.

The amount accounts for 15.8 percent of total global supply, the second largest after the United States’ estimated 52.4 percent, the ministry said, citing related data from the Korea Semiconductor Industry Association.

Japan followed South Korea with an estimated global market share of 13.9 percent.

The figures, if officially confirmed, would mark the first time that South Korea’s global market share surpassed that of Japan, the ministry noted. Final figures for the fourth quarter of 2013 are due in February.


 

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