Korea

SEMICON Korea 2024, the region’s premier semiconductor exhibition, gathered innovative companies and visionaries that are helping shape the future of the chip industry. The exhibition and conferences at COEX in Seoul drew 435 exhibitors and more than 65,000 attendees.

To help players across Korea’s semiconductor ecosystem prepare talent for careers in the industry, SEMI Korea, through its Workforce Development Council, offers nearly 20 programs each year to improve the skills of not only college students but also junior engineers.

The global chip market has hit the bottom of this cycle and will rebound next year, with memory poised for growth in the second of 2023 driven by a resurgence in server investments, Soo-Kyoum Kim, Vice President of IDC, predicted in a presentation at SEMI Korea Members Day.

Each quarter SEMI recognizes the longstanding commitment and support of member companies as they reach a new membership milestone.

SEMI Korea provides the latest updates on the economy, COVID-19, semiconductor industry Investments, government and university Initiatives, workforce development, SEMI events and SEMI Members Day.

SEMI Korea’s efforts to recruit talent and increase diversity, equity, inclusion (DEI) to help meet the semiconductor industry’s current and future workforce needs are growing in importance as the industry presses ahead to recruit skilled workers.

One of the surprising side effects that came out of the COVID-19 pandemic is the acceleration of the digital transformation of global economies, which has driven a structural shift and propelled the already mature semiconductor industry to record highs.

As part of bi-weekly meetings of the SEMI Environment, Health, Safety and Sustainability (EHSS) community to share information on the impacts of the pandemic, the EHSS COVID-19 Working Group recently revealed that companies are offering PTO to employees to get vaccinated.

Vacuum pumps, pressure gauges, and vacuum valves combined make up the biggest expense on the bill of materials for semiconductor OEMs. The semiconductor industry consumed almost $2.7 billion worth of vacuum subsystems in 2020, with over 60% supplied by vendors based in Europe.

In 2020, the global semiconductor materials market expanded 5% to reach $55.3 billion in revenue to set a new industry record. The momentum in growth is expected to continue throughout 2021 despite the lingering pandemic.