Kim Kwang-gyo, former director of the Samsung Electronics Semiconductor Research Institute, mentioned that the Korean semiconductor business wants extra help from the federal government. “We must resolve the lack of manpower and regulations with determination not to lose the number one position. Otherwise, we will all die.”
According to the “Korea Economic Daily”, Kim Kwang-gyo identified in an interview with the media that “the competition in the semiconductor industry is so fierce that major companies need to compete with key rival countries and disclose their investment scale and technology level.” “But the Korean government is too contemptuous of the semiconductor industry.”
Kim Kwang-gyo is taken into account one of many masters who laid the inspiration of the Korean semiconductor business. Since Samsung Electronics established the Semiconductor Research Institute in 1979, he has served because the director of the Semiconductor Research Institute for 4 years. Until the early 2000s, he additionally served because the director of Samsung Electronics’ Princeton Research Institute in New Jersey and the primary president of the Korea Semiconductor Display Technology Association.
He believes that the South Korean authorities must study from the profitable expertise of Samsung Electronics. The tech large began the enterprise in 1974 when it purchased an area firm for $500,000. At the time, Samsung was struggling within the area, lagging greater than 10 years behind its know-how assessments in comparison with its U.S. and Japanese rivals of their early phases. “When we ask Japanese companies to cooperate or bring in technology, they say ‘you haven’t reached that level’, which makes us feel despised and embarrassed.”
“Samsung Group founder Lee Byung-chul has been committed to cultivating technical talents in order to become the world’s top company under difficult circumstances.” He added that continued funding has helped Samsung to occupy the throne of the reminiscence chip enterprise. In the Nineteen Eighties, Samsung Electronics stood out within the international reminiscence chip market by advantage of three favorable components corresponding to low oil costs, low rates of interest, and the depreciation of the Korean received. “We have to be prepared to take our chances.”
“If the current lack of manpower and strict regulations persist, South Korea’s semiconductor industry may collapse,” he warned. “Even if the federal government and academia actively help the conventional operation of companies, we can’t assure that on this intense competitors (Survival).” “The government should first change its attitude towards the semiconductor industry.”